Connect with us

Energy

๐—ก๐—–๐——๐— ๐—•, ๐—š๐—”๐—–๐—ก ๐—œ๐—ป๐—ฎ๐˜‚๐—ด๐˜‚๐—ฟ๐—ฎ๐˜๐—ฒ ๐—๐—ผ๐—ถ๐—ป๐˜ ๐—ช๐—ผ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด ๐—–๐—ผ๐—บ๐—บ๐—ถ๐˜๐˜๐—ฒ๐—ฒ On ๐—š๐—ฎ๐˜€ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น๐—ถ๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป

Published

on

NCDMB Emerges Best MDA In Ease Of Doing Business Ranking

The Nigerian Content Development and Monitoring Board (NCDMB) has constituted a Joint Working Team (JWT) with the Gas Aggregator Company Nigeria (GACN) Limited on gas utilisation and commercialisation.

According to a statement on its verified handle on micro-blogging website, X, this transpired last Wednesday.

At the inauguration at the Boardโ€™s liaison office in Abuja, the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe, acknowledged the correlation between the mandates of the Board and GACN, noting that the collaboration would stimulate gas market expansion and sustainable development and monitoring of the midstream and downstream activities as relate to the Nigerian oil and gas sub-sector through commercialisation opportunities.

READ ALSO:ย Minister Hails NCDMB, Nedogas Strategic Partnership

The Executive Secretary, who was represented by the Director, Monitoring and Evaluation, Mr. Abdulmalik Halilu, announced that the aim of setting up the Team is to jointly develop a roadmap and strategise on new modalities for achieving collaboration and coordination among key stakeholders towards the effective commercialisation of Nigeriaโ€™s gas resources, thereby enhancing market penetration, fostering investment, and promoting sustainable growth in the Nigerian gas subsector.

While highlighting the responsibilities to the newly inaugurated Joint Working Team, he further charged members to work harmoniously to revisit, review and execute the Terms of Reference.

In his response, the Managing Director, Gas Aggregator Company Nigeria Limited, Mr. Chijioke Uzoho, stated that the Federal Government declaration of โ€œDecade of Gasโ€ is focused on transforming Nigeria into a gas-powered economy by 2030 through a series of policy reforms, gas supply projects maturation, gas infrastructure expansion, capacity building and robust investment attraction strategies.

He assured of initiating the mobilisation of compressed natural gas (CNG) facilities in the host state that houses the Local Content Board, โ€œto encourage the use of CNG as automobile fuel in Nigeria,โ€ adding, โ€œwe (GACN) need to develop favourable market-based policies and a natural gas transmission and distribution network; increase availability and access to CNG refueling stations and public awareness; begin with bi-fuel/dual-fuel automobiles in the state and country at large.โ€

Mr. Abdulmalik Halilu (NCDMB) and Mr. Chijioke Uzoho (GACN) will serve as co-chairpersons on the steering committee. Other members from the NCDMB include Ms. Tassalla Tersugh, Mr. Adedamola Aderibigbe, Mr. Ibrahim Sule and Mr. Brilliant Okon. Representatives from the GACN are Oche Agbese, Tari Mayor-Bright, Somkene Tassie, Muhammed Abdulhamid, Kufre Medo and Ekene Ebenebe.

The terms of reference of the JWT cover three key activity areas, namely, Market Development Initiatives and Strategies, Collaborative Coordination of Industry Events, and Industrial and Innovative Park Development.

Energy

N4bn Compensation Dispute Threatens Ikot Abasi Power Project

Published

on

Nearly 20 years after the Federal Government awarded the contract for the 330kV Ikot Abasi Transmission Line, the Niger Delta Power Holding Company Limited (NDPHC) has turned to the Akwa Ibom State Government to break a N4 billion compensation deadlock threatening the completion of the strategic power project.

The transmission project, awarded in 2006 under the National Integrated Power Projects (NIPP), has remained stalled primarily over unresolved community and wayleave compensation issues.

But, to ensure the completion of the project, NDPHC Managing Director/Chief Executive Officer, Jennifer Adighije, is now seeking the intervention of Akwa Ibom State Governor, Pastor Umo Eno, to clear the outstanding issues and enable the contractor, Anit Energy, to return to site.

Adighije made the appeal during a courtesy visit to the Governor in Uyo, Akwa Ibom State.

READ ALSO:ย Organised Labour Supports Workersโ€™ Demand for N500 PMS Price, N500,000 Minimum Wage

She disclosed that the latest valuation of the outstanding wayleave obligations was slightly below N4 billion.

The NDPHC boss said the prolonged delay was particularly concerning because the contractor had reportedly completed about 90 per cent of the engineering, procurement and construction procurement for the project.

She added that substantial project materials, including conductors and tower members worth millions of dollars, had already been deployed along the project corridor between Adiasim and Ikot Ekpene, but were still lying across communities as the impasse persists.

โ€œWe are therefore pleading for your kind intervention as a shareholder and board member of the company,โ€ Adighije told the governor.

According to her, resolving the outstanding community issues would allow the contractor to remobilise to site and bring the long-delayed project to completion.

NDPHC is now targeting May 29, 2027, for commissioning of the transmission line, subject to the successful resolution of the outstanding compensation and community challenges.

Adighije said NDPHC was keen to support the stateโ€™s development ambitions through its role as a major interventionist agency in Nigeriaโ€™s electricity sector.

โ€œWe want to be part of your ARISE Agenda,โ€ she said, referring to the governorโ€™s development programme.

She also welcomed the establishment of the Akwa Ibom State Electricity Regulatory Commission, saying NDPHC had commenced discussions with the commission on the development of appropriate electricity-market frameworks for the state.

According to her, officials of the commission had visited NDPHC and requested information on the companyโ€™s projects in Akwa Ibom, while a joint working group was being established to examine how the assets could be better utilised and electricity access extended to underserved communities.

Also speaking, NDPHC Executive Director, Strategy and Commercial, Mr. Patrick Obahiagbon, commended the Governorโ€™s administration for its development initiatives across the state.

Responding, Governor Eno welcomed the NDPHC initiative and pledged to take the Ikot Abasi project before the State Executive Council for consideration. The governor said the state government would examine the outstanding issues and determine how it could intervene to facilitate the completion of the project.

Continue Reading

Energy

Nigeria-Libya Gas Pipeline as FG Eyes New LNG Markets

Published

on

There are indications that the Nigeria-Libya Gas Pipeline would go from the drawing board to reality, as it has emerged as a major option to help Nigeria break into new markets for her gas reserves.

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this at Gastech 2026 in Bangkok, Thailand, during a high-level engagement with global energy companies, investors and governments on expanding Nigeriaโ€™s gas production, infrastructure, domestic utilisation and export markets.

The renewed push for the Nigeria-Libya pipeline topped the agenda for the meeting between Ekpo and Libyaโ€™s Minister of Oil and Gas, Dr Khalifa Rajab Abdulsadek.

Under the proposed framework, Nigeria and Libya are expected to explore a Memorandum of Understanding (MoU) and establish a joint technical team to assess the feasibility, financing, infrastructure requirements, security considerations and commercial viability of the project.

READ ALSO:ย โ€˜Obi Has Nowhere to Hideโ€™ โ€” APC Campaign Council Tackles Peter Obi Over Anambra Record

The NNPC Limited is expected to spearhead Nigeriaโ€™s participation in the bilateral initiative. If developed, the pipeline would provide another potential route for transporting Nigerian gas through North Africa to European markets, giving Nigeria an additional platform to monetise its gas resources beyond existing LNG channels.

According to Ekpo, the Federal Government was determined to create an investment environment capable of attracting the capital, technology and strategic partnerships required to convert the countryโ€™s gas reserves into economic growth, industrial development and jobs.

โ€œNigeria is open for business. We have put in place the right fiscal policies and operating environment, and the security of investors and their investments is guaranteed,โ€ he said.

He revealed that the NNPC Limited would play a central role in translating Nigeriaโ€™s bilateral energy engagements into commercially viable projects, strategic investments and sustainable development.

The ministerโ€™s engagements also revealed plans by major industry players to significantly ramp up domestic gas production and infrastructure.

Continue Reading

Energy

Gas Industry Must Commercialise Methane – NLNG

Published

on

Gas producers must stop treating methane reduction as an environmental cost, because methane released into the atmosphere represents lost gas, lost revenue and lost energy that could otherwise be recovered and sold.

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG) Adeleye Falade, made the declaration during a panel titled โ€œCapturing the Lost Opportunity: Driving Global Alignment on Methane Abatement Across Natural Gas Supply Chains,โ€ at the Gastech 2026 Exhibition and Conference in Bangkok, Thailand.

READ ALSO:ย Spike in Petrol Price Moves NLC to Demands Emergency Palliatives

Taking from the companyโ€™s experience, he highlighted that investments in methane abatement could pay for themselves while improving plant efficiency and asset reliability.

The NLNG CEO said the commercial value of recovering lost gas should become a central part of the global industryโ€™s approach to methane management.

โ€œEvery tonne emitted is lost product, lost revenue and lost energy; gas we could have sold. Every molecule of methane avoided is both an emissions reduction and a recovered energy resource.โ€

According to him, the NLNGโ€™s new boil-off gas compressor and start-up gas recovery project demonstrate the business case for methane reduction, with each project expected to deliver methane reductions of about 10โ€“15 percent while also recording positive projected net present values. โ€œThe most compelling business case is the simplest one: the projects that cut our methane also pay for themselves.

โ€œThe same discipline that reduces methane also improves asset reliability and plant efficiency. The returns show up in more places than the emissions ledger,โ€ Falade said.

He added that the starting point for methane abatement was credible measurement of gas losses, which enables companies to identify where methane is being lost, channel investment towards the right interventions and independently verify the results.

According to Falade, the NLNG had demonstrated that producers in developing economies could meet globally recognised standards for emissions measurement and reporting, despite infrastructure and other constraints.

He disclosed that the NLNG had achieved Gold Standard recognition under the Oil and Gas Methane Partnership (OGMP) 2.0 and became the first company in Africa to attain Level 5 methane emissions reporting.

Its measurement, reporting and verification system is independently assured by DNV in line with ISO 14064.

The NLNGโ€™s methane-management programme includes site-wide optical gas imaging, a structured Leak Detection and Repair programme, as well as phased deployment of continuous monitoring and real-time emissions dashboards across its plant and vessels.

Falade said methane reduction was also being incorporated into the design of Train 7, which is expected to raise the NLNGโ€™s LNG production capacity from 22 million tonnes per annum to 30 million tonnes.

The commercial case for emissions abatement was not new to Nigeria, he added, pointing to the NLNGโ€™s longstanding role in converting gas that would otherwise have been flared into a marketable product.

According to him, the companyโ€™s activities have contributed to reducing Nigeriaโ€™s gas-flaring rate from above 65 percent to below 20 percent.

Beyond its own operations, Falade revealed that the NLNG was extending methane-management requirements across its supply chain through its Scope 3 Advocacy Plan.

The company engages feed-gas suppliers and contractors to measure, disclose and reduce emissions, while verified upstream emissions data and emissions-related criteria are incorporated into supplier selection and evaluation.

Falade also called for greater consistency in methane measurement and reporting requirements across jurisdictions, arguing that divergent standards make enforcement uneven and complicate meaningful comparisons between producers.

โ€œThe industry does not need weaker standards; it needs stronger, shared ones backed by real measurement,โ€ he said.

On the tension between emissions reduction, energy access and affordability, Falade said developing economies should not be forced to choose between economic development and climate action.

โ€œDeveloping economies cannot be asked to choose between economic development and emissions reduction. Both must progress together,โ€ he said.

Other panellists were Zubin Bamji of the World Bank, Niels Dijksman of Brunei LNG and Hiroyuki Mori of JOGMEC.

The session was moderated by energy economist Dr Carole Nakhle of Crystol Energy.

Continue Reading

Copyright ยฉ 2022. Biztellers, powered by Alphaxristi.

0
Would love your thoughts, please comment.x
()
x