BonnyLight Energy and Offshore Limited has announced the supply of 20,000 metric tonnes (MT) of Premium Automotive Gas Oil (popularly known as diesel) into the Nigerian market to help bridge the huge gap in Nigeria’s refining capacity.
The product, lifted from Amsterdam, Netherlands, is poised to wet the company’s tank farms strategically located to serve key markets situated across the region through its base in Kirikiri, Ijegun, Creek Road in Lagos; Warri and Oghara in Delta State as well as Port Harcourt, Rivers State.
The product supplies come at crucial times occasioned by high consumption of diesel from corporates, transporting institutions and even households to ensure product security across all sectors.
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Published 10 January 2021
Liquefied Petroleum Gas is a mixture of gases present n natural gas or dissolved in oil. The gaseous components at room temperature of LPG-propane and butane-are easy to liquify and hence their name.
LPG, like Liquefied Natural Gas too, is a clean form of automotive fuel that can be worked ,(by skilled conversion technicians) into vehicles (advisably) not older than 10 years. Given the pump price of petroleum presently and the downward slide of the naira, converting a vehicle to having the bi-fueling characteristic of using LPG is a competitive alternative or complementary fuel to PMS. It automatically doubles the energy option of a vehicle if, say for a very long distance journey, the conventional fuel tank and the LPG tank were filled.
Thane: Two firefighters, four residents injured in fire at a shop in Ram Nagar area
Mirror Online / Updated: Jan 10, 2021, 09:55 IST
Ram Nagar area of
Liquefied Petroleum Gas (LPG) cylinder blast, informed the
Thane Municipal Corporation.
Two fire engines and two rescue vehicles rushed to the spot for firefighting and rescue operations.
The TMC added that as many as two firefighters were injured while extinguishing the fire. They were immediately rushed to a nearby hospital.
Four residents also sustained injures in the fire incident. All of them have been admitted to a hospital for treatment, according to ANI.
The fire broke out at Mard Maratha shop at Road No 28, near a bus stop in
Investment company United Overseas Group (UOG) is to acquire Dubai-based shipping company United Arab Chemical Carriers (UACC), the two companies said on Thursday.
Garlands for GMD, NNPC, Mele Kyari at 56
On
By Udeme Akpan, Energy Editor
With the outbreak of the Coronavirus pandemic, and lockdown, economic activities contracted significantly, leading to low demand for crude oil and dwindling prices, thus putting pressure on oil and gas companies and other stakeholders to put on their thinking caps, required to drive operations.
Take the Mallam Mele Kyari-led Nigerian National Petroleum Corporation, NNPC, which represents the Federal Government in the Joint Ventures with the International Oil Companies, IOCs, as an example. In the past one and half years, the NNPC, working with other parties succeeded in increasing the nation’s oil production capacity from over 2.0 million barrels per day, mb/d to 3.0 mb/d in April, 2020. The nation has to limit itself to 1.4 mb/d, excluding Condensate as allowed by the Organisation of Petroleum Exporting Countries, OPEC.