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Top News In வசதி க்கு எண்ணெய் துறை மாற்றம் Today - Breaking & Trending Today

Report: NNPC Spent Over 5bn USD On Fuel Importation Outside DSDP Contract In 28 Months


Report: NNPC Spent Over 5bn USD On Fuel Importation Outside DSDP Contract In 28 Months
Up until March 2020, when it announced an end to under recovery, the corporation had been withholding revenue from the federation account in the guise of subsidy losses.
by Kelechukwu Ogu
May 20, 2021
Within a 28-month window spanning July 2018 to October 2020, the Nigeria National Petroleum Corporation (NNPC) lifted crude worth $5.40bn beyond the Direct Sale Direct Purchase contract it has for refining its daily petroleum allocation of 445,000 barrels. 
The state-owned firm executed this extra order, despite failure to lift up to 300,000 of the 445,000 daily allocation it ought to have been refining in its inactive refineries. ....

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Reps to probe $680m unpaid gas flaring penalties


Presenting the motion, the lawmaker said the anomaly in flared volume reportage by the Nigeria Government has caused an outcry from civil society organisations.
He said, the Nigeria Media and the Coalition Against Gas Flare (CAGAF) an umbrella organ of CSOs in the gas flare ecosystem is also raising public awareness on the matter.
According to him, Nigeria gazetted the Flare Gas (Prevention of Waste and Pollution) Regulations 2018 to reduce and eliminate gas flare in the country through monetization and investment in the gas flare ecosystem.
He said after the penalty regime started, the gas flare volumes reported by Nigeria was drastically reduced for 2018 and 2019 and created a huge discrepancy between the gas flared volumes reported by the National Oil Spill Detection and Response Agency (NOSDRA) Gas Flare Tracker (GFT) which is satellite-based and the volumes declared by the Federal Government of Nigeria for the period. ....

United Kingdom , Abdullahi Ibrahim Halims , Response Agency , Coalition Against Gas Flare , National Oil Spill Detection , Facility For Oil Sector Transformation , Committee On Gas Resources , Gas Resources , Nigeria Government , Nigeria Media , Flare Gas , Gas Flare Tracker , Federal Government , Oil Sector Transformation , ஒன்றுபட்டது கிஂக்டம் , தேசிய எண்ணெய் கசிவு கண்டறிதல் , வசதி க்கு எண்ணெய் துறை மாற்றம் , குழு ஆன் வாயு வளங்கள் , வாயு வளங்கள் , நைஜீரியா அரசு , நைஜீரியா மீடியா , விரிவடைய வாயு , வாயு விரிவடைய டிராக்கர் , கூட்டாட்சியின் அரசு , எண்ணெய் துறை மாற்றம் ,

Reps to investigate '$680m revenue loss' to gas flaring


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English football announces social media boycott over online abuse
English football has announced a social media boycott over “response to the ongoing and sustained discriminatory abuse received online”.Advertisement The boycott will be held across a full fixture programme in. ....

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Gas Flaring: House Probes Revenue Loss in Unpaid Penalties to FG

Gas Flaring: House Probes Revenue Loss in Unpaid Penalties to FG
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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