Queue at the filing station The President, Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
By Favour & Akinola Ajibade
The Nigeria Liquefied Natural Gas( NLNG) Limited has dispeled the rumours making rounds that its gas production plant has been shutdown.
The firm, in statement signed yesterday by its General Manager, External Relations and Sustainable Development, Andy Odeh and made available to the News Mirror, said that the report titled “NLNG prolonged shutdown threatens gas production,” and published on Thursday August 17th in one of the national newspapers was not true, adding the report was false and misleading.
NLNG stated further that its plant on Bonny Island is still active despite a Force Majeure, which still subsists due to the unavailability of upstream gas suppliers’ major liquids evacuation pipelines occasioned by sabotage and vandalism.
The report: " The plant continues to produce LNG and LPG commensurate to the feed gas it receives from its upstream gas suppliers. Its cargo loading operation also continues without interruption. The latest cargo from the Bonny plant sailed on 17th August 2023 to the St. Croix, U.S. Virgin Islands, carrying 140,000 M3 of LNG.
To this end, NLNG remains committed to collaborating with key stakeholders to minimise the impact of the consequent gas supply shortage.
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