Energy
Clean Energy: Asharami Synergy, NMDPRA, Customers Partner
Asharami Synergy, a leading Sahara Group Downstream Company has reiterated its commitment to promoting the adoption of cleaner fuels in the sector, working in collaboration with regulatory authorities and delivering exceptional fuel solutions responsibly.
At Asharami Synergy 2024 Customer Forum, Managing Director, Foluso Sobanjo pointed out that the company remained dedicated to spearheading the quest for environmental sustainability in Nigeria’s downstream operations across the sector’s value chain.
Sobanjo told the company’s customers that Asharami was delighted to serve as their preferred energy solutions provider, adding that Asharami had since commenced the supply of low sulphur fuels in line with the Afri-5 specifications prescribed by African Refiners and Distributors Association (ARDA) and in compliance with the provision of the Petroleum Industry Act (PIA) 2021 which limits the sulphur content in Gasoil/Diesel to 50ppm (parts per million).
He said, “Given our track record of transparency, integrity, and service excellence in the sector, we are using this forum to keep our esteemed customers abreast of new developments in the sector, especially the switch to the AFRI-5 low-sulphur specification which makes diesel appear lighter.
“This does not reduce the quality or performance of the product as all parameters remain the same as specified by the Standards Organization of Nigeria (SON).”
In the same vein, Head, Distribution System Storage Infrastructure, Lagos SW, Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Oluwakayode Oyegoke, reassured the public that the new directive would help reduce pollution and promote the well-being of Nigerians.
“The NMDPRA would like to commend Asharami Synergy for providing this platform to help create more awareness and educate the buying public about the new fuel specifications. The Authority would also like to assure all stakeholders that the products in circulation meet all requirements for safety, quality, and environmental sustainability. The industry is evolving, and we have to move with the world towards cleaner energy. Economically, the transition to low-Sulphur fuels can attract investment, create jobs, and reduce the country’s carbon footprint,” he said.
On his part, Chief Marketing Officer, Asharami Synergy, Adeoti Onabolu commended the company’s customers for their patronage, stating, “serving you is a privilege we hold dear, and your satisfaction is the ultimate success factor and motivation for us to diligently and unceasingly work towards bringing energy to your lives and businesses responsibly.”
Onabolu said Asharami leverages Sahara Group’s global footprint and strategic investments to deliver exceptional fuel solutions and expand its operations across sub-Saharan Africa.
She said Asharami Synergy’s vertically integrated downstream business encompasses the entire value chain from top quality product sourcing to the final sales to the end consumers.
“We build, own, operate, maintain, and manage multiple storage facilities across several locations to the best international standards and manage an efficient, safe, and technology-driven logistics and supply operation via vessels, trucks, pipeline and rail to ensure product integrity and safety. Our International Standards Organisation (ISO) certifications reinforce Asharami’s distinctive mark of service excellence, quality, safety, innovation, and environmental sustainability,” she said.
The company’s Chief Operating Officer, Adekanmi Adesola said Asharami was commited to driving product quality and availability, competitive pricing, and service excellence as it continues to work with customers to co-create value responsibly.
Energy
Shell Completes Turnaround Maintenance on FPSO, Resumes Production at Bonga
The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at Nigeria’s premier deepwater field on March 6, 2026.
Biztellers reports that the project was delivered 11 days ahead of schedule and without any safety incident, reinforcing SNEPCo’s longstanding commitment to operational excellence and asset integrity.
“Completing the turnaround safely and ahead of schedule is a testament to the dedication and professionalism of our Nigerian workforce and the helpful support of our partners,” SNEPCo Managing Director Ronald Adams said. “The achievement not only secures the long‑term integrity of the Bonga FPSO but also positions us strongly for the successful delivery of the Bonga North project, which will leverage the improved reliability of the FPSO.”
The exercise which began on February 1, 2026, highlights SNEPCo’s leading role in advancing deep‑water expertise in Nigeria. Of the 55 companies involved in the execution, 43 were wholly Nigerian. Additionally, eight of the 12 international service providers maintain operational bases in Nigeria, contributing to knowledge transfer and increased local investments.
More than 1,000 personnel worked offshore during the turnaround, with over 95% being Nigerians involved in maintenance, engineering, operations, inspection and construction. Thousands more supported activities from onshore locations, reflecting the depth of Nigerian capability in offshore oil and gas operations.
Adams added: “We acknowledge the support of several stakeholders towards the successful execution of the exercise, including the NNPC Upstream Investment Management Services (NUIMS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Content Development and Monitoring Board (NCDMB) and our partners.”
Business
Sahara Group expands fleet with new 40,000 cbm LPG Carrier
Modupe Asudo
Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network.
The dual‑fuel vessel improves operational efficiency, enhances supply reliability, and supports lower‑emission LPG logistics as consumption grows across Ghana and the wider sub‑region.
Speaking at the commissioning in Ulsan, South Korea, President John Dramani Mahama described the vessel as “a significant milestone in strengthening the infrastructure that underpins the global LPG supply chain,” noting that expanded shipping capacity is critical to improving supply security, reliability and efficiency for countries that rely partly on LPG imports.
He commended Sahara Group, WAGL Energy and all partners involved for their “leadership, technical expertise and strategic foresight,” adding that the project reflects “the power of partnership” in advancing safe, efficient, and responsible energy distribution.
President Mahama wished the MT Asharami Ghana safe sails, expressing confidence that the vessel would inspire further investment and collaboration across Africa’s energy value chain.
According to Wale Ajibade, Executive Director, Sahara Group, the vessel supports Ghana’s clean energy ambitions through integrated infrastructure.
“MT Asharami Ghana is more than a vessel; it is part of a deliberate strategy to strengthen LPG supply security and support Ghana’s clean energy ambitions. It secures an additional 25,000-Metric-tonne stock security for the Ghana economy, alongside the soon to be commissioned 6000-metric-tonee of 12.000-metric-tonne land storage in Tema,” he said.
With the addition of Asharami Ghana, Sahara Group’s LPG carrier fleet now comprises six delivered vessels with a combined capacity of 202,000 cubic metres. Supported by partnerships with WAGL Energy, NNPC Limited and other stakeholders, an additional 270,000 cubic metres of capacity is under construction and due for delivery by September 2028.
Temitope Shonubi, Executive Director, Sahara Group, said Asharami Ghana is part of Sahara’s integrated LPG infrastructure strategy spanning shipping, storage, and downstream distribution globally, including the development of a 12,000‑metric‑tonne land‑based LPG storage terminal in Tema, with a 6,000‑metric‑tonne first phase scheduled for completion in May 2026.
He thanked Yaa Serwaa Alifo, MD of Asharami Ghana, for her resilience and insistence to dedicate a ship of “this magnitude solely to the Ghana Market and its landlocked neighbours.”
Ghana is targeting LPG adoption of 50 per cent of households by 2030, up from about 30 per cent today. Sahara’s investments will support clean energy access for more than 35 million people, while strengthening Ghana’s role in regional LPG trade to neighbouring and landlocked West African markets.
The commissioning comes in Sahara Group’s 30th anniversary year, guided by the Sahara Beyond XXX milestone, underscoring Sahara’s focus on building an enduring enterprise that delivers responsible growth, shared prosperity and long‑term impact across its markets.
Energy
Nigeria’s Crude Output Falls to 1.3mbpd
Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed to sustain operations.
The development shows that Nigeria again failed to meet its crude oil production quota of 1.5 million barrels per day approved by the Organisation of the Petroleum Exporting Countries (OPEC), as output declined sharply in February 2026.
Data from OPEC’s latest Monthly Oil Market Report, based on direct communication from member countries, showed that Nigeria produced 1.314 million barrels per day in February, down from 1.459 mbpd recorded in January.
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The figures indicate a month-on-month decline of 146,000 barrels per day, widening the country’s shortfall from its OPEC production allocation.
Nigeria’s inability to meet its OPEC production quota is not only affecting its oil export earnings but also adversely impacting domestic refineries that are starved of feedstock for their operations.







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