US FERC green lights introduction of feed gas for Sabine Pass Train 5

 US LNG exporter Cheniere has secured an approval from the Federal Energy Regulatory Commission to introduce feed gas for the commissioning of the fifth train at the Sabine Pass facility in Louisiana. In a letter order dated September 6, FERC said that request from Sabine Pass Liquefaction and Sabine Pass LNG to introduce feed gas for the…

Ogoni clean-up: HYPREP to train women in agric business

Plans are in top gear for the commencement of the training of Ogoni women in various aspects of agricultural business, as part of efforts for the restoration of livelihoods of the people of Ogoni, as recommended by the United Nations Environment Programme, UNEP. In this regard, the Hydrocarbon Pollution and Remediation Project, HYPREP, the Federal…

CAPMI: NERC orders Discos to make refunds to unmetered customers

CAPMI: NERC orders Discos to make refunds to unmetered customers

Electricity distribution companies or Discos have been ordered by the Nigerian Electricity Regulatory Commission, NERC, to refund money collected from unmetered customers under the scrapped Credit Advanced Payment for Metering Implementation, CAPMI. The order was given in a communique issued at the end of a meeting held with Discos last week. According to the communique…

LADOL focuses on working with govt, others to create jobs

LADOL focuses on working with govt, others to create jobs

The Lagos Deep Offshore Logistics Base, LADOL, says it is now focused on working with the government and the private sector companies in Nigeria to create more jobs after handling the integration work on the multi-dollar Egina Floating Production Storage and Offloading (FPSO) vessel. It is also working toward the creation of an enabling environment for policies…

How Nigeria Air will be financed — Infrastructure Commission

How Nigeria Air will be financed — Infrastructure Commission

The newly established national carrier, Nigeria Air Limited, will be financed through a mix of government budgetary provision, private equity debt arrangement and finance syndication from a consortium of regional and international banks, PREMIUM TIMES has learnt. The Infrastructure Concession Regulatory Commission (ICRC), the government agency handling the process towards the airline’s establishment, disclosed in…

Bridging Transport Infrastructure Deficit Key To Economic Revival – Bello

Bridging Transport Infrastructure Deficit Key To Economic Revival – Bello

Until inter-modal transport system is developed in Nigeria, the path to sustainable development will remain a mirage, Hassan Bello, executive secretary of Nigerian Shippers Council, has said. “Unless we address transport sector infrastructure deficit, we won’t move. Once we get the rail right, it’ll be a game changer. So also is the road, sea, and…

China to Provide 85% Funding for $2.8bn AKK Gas Line Project

China to Provide 85% Funding for $2.8bn AKK Gas Line Project

  The Nigerian National Petroleum Corporation (NNPC) has received the assurance of China National Petroleum Corporation (CNPC) that it was committed to helping it secure up to 85 per cent of $2.8 billion it requires to build the Ajaokuta-Kaduna-Kano (AKK) pipeline project, a statement from the corporation yesterday disclosed. This is coming as ExxonMobil yesterday…

Nigeria, Niger Sign MOU On $2b Hydrocarbon Pipeline, Refinery Projects

Nigeria, Niger Sign MOU On $2b Hydrocarbon Pipeline, Refinery Projects

The News Agency of Nigeria reports that the signing of the MoU was witnessed by President Muhammadu Buhari and his Nigerien counterpart Mahammadou Issoufou at the new Banquet Hall, Aso Rock, Abuja. Nigeria and Republic of Niger on Tuesday in Abuja signed Memoranda of Understanding on the construction of two billion dollars Hydrocarbon Pipeline and…

Developing Nigeria’s gas pipeline infrastructure

Developing Nigeria’s gas pipeline infrastructure

Environmental concerns have made the use of natural gas very attractive. Surging electricity demand is also one of the major drivers of increased consumption of natural gas (Gas-toPower). Globally, natural gas utilization for electric power generation is expected to increase more than 25% faster than fuel use of all types over the next 10 years….

Nigeria, China seal $328m deal on ICT Infrastructure Backbone project

Nigeria, China seal $328m deal on ICT Infrastructure Backbone project

BY DAVID IORJA Nigeria and China Wednesday in Beijing, signed the agreement of $328million for the Information and Communication Technology Infrastructure Backbone Phase II (NICTIB II) project in Nigeria. Visiting President Muhammadu Buhari equally won the crucial support of the Chinese President, Xi Jinping, for the Nigeria’s aspiration to build the 3050 Megawatts Mambila hydroelectric…