By Emmanuel Addeh
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State on the production of biofuels.
Describing the project as viable and in tandem with the global transition to renewable energy, Group Managing Director of the NNPC, Mallam Mele Kyari, noted that the corporation will do all within its power to ensure the acceleration of the project.
A statement by the Group General Manager, Group Public Affairs Division of the corporation, Dr Kennie Obateru, stated that Kyari spoke while receiving the Governor of Kebbi State, Senator Atiku Bagudu, who paid him a courtesy visit in his office.
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…Increases Gas Supply for Power Generation
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021.
This is contained in the January 2021 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru.
The report indicates that a total of 27 pipeline points were vandalized in January 2021 down from the 43 points recorded in December 2020.
The Mosimi Area accounted for 74% of the vandalized points while Kaduna Area and Port Harcourt accounted for the remaining 22% and 4% respectively.
Oil marketers to get N236bn
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Wed Apr 14 2021
The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 percent decrease in cases of pipeline vandalism across the country in the month of January 2021.
This is contained in the January 2021 (66th) edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release yesterday by the Group General Manager, Group Public Affairs Division of the Corporation, Dr Kennie Obateru
The report indicates that a total of 27 pipeline points were vandalized in January 2021 down from the 43 points recorded in December 2020.
The Mosimi Area accounted for 74 percent of the vandalized points while Kaduna Area and Port Harcourt accounted for the remaining 22% and 4% respectively.
By Emmanuel Addeh
The Organisation of Petroleum Exporting Countries (OPEC) has raised its forecast for crude oil demand growth this year on the back of an expected stronger economic recovery.
The cartel, in its April Monthly Oil Market Report (MOMR), a copy of which THISDAY obtained yesterday, said demand would rise by 5.95 million barrels per day (bpd) in 2021, or 6.6 per cent, up by 70,000 bpd from last month.
Also yesterday, the Nigerian National Petroleum Corporation (NNPC) reported an improvement in the supply of gas for power generation, saying that along with its Joint Venture (JV) partners, it produced a total of 223.55 Billion Cubic Feet (BCF) of natural gas in January 2021.