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The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering have signed the Final Investment Decision (FID) for the construction of 10,000 tonnes/day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL), committing equity investment of US$670m. The facility would be the largest methanol plant in Africa and the first in Nigeria. Its construction phase is expected to create 30,000 direct and indirect jobs and additional 5,000 permanent jobs during the operations phase, the NCDMB said in ...

Vanguard News Fresh registration: Petroleum Minister, Sylva revalidates, mobilises Bayelsans for APC On Kindly Share This Story: Minister of State for Petroleum Resources, Chief Timipre Sylva, has revalidated his membership of the ruling All Progressives Congress (APC) in the ongoing nationwide fresh registration/revalidation exercise. The former governor of Bayelsa state also urged all the APC members and those that are yet to join political party to take advantage of the ongoing exercise in the ruling party. The Bayelsa born politician revalidated his membership of APC at ward 4 (Agadama),...

FG commits $670m on $3.5bn Brass Methanol Plant construction On …China, AfDB, others to raise 70% total cost …Targets 35,000 jobs By Prince Okafor The Federal Government has committed an equity investment of $670m for the construction of 10,000 tonnes per day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL). This came as the two Federal Government’s agencies involved in the project, Nigerian National Petroleum Corporation, NNPC, Nigerian Content Development and Monitoring Board (NCDMB), along with DSV Engineering (an indigenous Nigeria company) si...

NIGERIA  The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Alhaji Mele Kyari, stated that the construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is currently at 15% completion. The project is presently crossing the river Niger, through the Ndoni-Aboh river crossing in Rivers and Delta states which will deliver gas from the eastern part to the country into the western corridor according to the GMD. Alhaji Kyari further stated that the NNPC has the assurances of the government on the delivery of this transnational gas pipeline project, wh...

By Shedrack Frank Okpoama, (Bayelsa) Dec. 20, 2020 (NAN) A former governor of Bayelsa and now Minister of State for Petroleum Resources, Chief Timipre Sylva, has been extolled for his immense contributions to the development of Bayelsa. Gov. Douye Diri stated this on Saturday night, during a grand reception in honour of the Minister at Okpoama Kingdom, in Brass Local Government Area (BLGA) of Bayelsa. Naija247news reports that Diri was represented by his Chief of Staff Mr Benson Agadaga, who led the state’s delegation to the event. The governor also commended the Amanyanbo of Okpoama Kingdo...