Skip to main content

NNPC destroys 134 Illegal Refineries Recently

A destroyed refinery  By Favour Ifeoluwa & Akinola Ajibade  The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks.  Also, the company said  63 illegal pipeline connections were uncovered during the the weeks .  The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge.  According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation.  It further said that two large boats, which involve

NGA Recognises Okunbor & Shell Nigeria For Outstanding Contributions to Nigeria Gas Sector



NGA Recognises Okunbor and Shell Nigeria for Outstanding Contributions to Nigeria’s Gas Industry

From Left to Right: President, Nigerian Gas Association (NGA), Akachukwu Nwokedi; Managing Director, Shell Petroleum Development Company (SPDC), Osagie Okunbor; Shell Principal Adviser, Governance, and Information Management, Ifeoma Okonkwo; Manager, Corporate Planning & Strategy, NLNG, Akitunde Adetunji and Financial Secretary, NGA, Engr. Chukwuemeka Iheme, during the Association’s courtesy visit to SPDC Office in Lagos recently.


By Favour Ifeoluwa & Akinola Ajibade


The Nigerian Gas Association (‘NGA’) has recognized and expressed deep appreciation for the outstanding contributions of Mr. Osagie Okunbor, Managing Director of The Shell Petroleum Development Company of Nigeria Limited (‘SPDC’) and Country Chair of Shell Companies in Nigeria, towards the advancement of Nigeria’s gas sector.

This recognition came during a recent courtesy visit by the NGA’s Executive Council members to SPDC, during which Mr. Okunbor and Shell were commended for their pivotal role in collaborating with the Association on crucial advocacy and industry initiatives.

This collaboration has significantly influenced the development and implementation of critical policies, laws, and regulations, vital to the growth of the gas sector in Nigeria.

Commenting on this, the President of the NGA, Mr Akachukwu Nwokedi lauded Mr Okunbor and Shells consistent support and active involvement in initiatives aimed at harnessing Nigeria’s vast gas reserves for commercialization.

“The NGA with the active support of key stakeholders has actively supported numerous significant gas industry initiatives such as the development of the Gas Master Plan, the creation of the Domestic Gas Pricing Framework, the implementation of the Nigerian Gas Transportation Network Code, the Gas Expansion programme, and input into the Petroleum Industry Act (PIA) 2021 that have prioritized and incentivized investment in Nigerian gas. The NGA is charged with coordination of the Decade of Gas Secretariat which has been instrumental in advancing the Decade of Gas initiative towards reshaping the future of Nigeria’s gas sector. The NGA’s immediate past President, a senior Shell executive is the foundational director of the Decade of Gas secretariat.”

Mr. Okunbor appreciated the NGA’s unwavering focus and alignment on critical industry issues, noting that the Association has served as a disciplined platform for gas advocacy while remaining consistent with its objectives. He reaffirmed Shells commitment to supporting the NGA and actively contributing to unlocking the vast potential of gas in Nigeria.

Mr. Nwokedi reiterated the NGA’s commitment to becoming a leading resource centre for the gas industry, promoting investment opportunities in Nigeria’s gas sector through global advocacy and targeted industry forums/events. The NGA also aims to increase the participation of Nigerians across the gas value chain and enhance its strategic focus by relaunching the NGA Advisory Group. This group will play a crucial role in promoting sound gas policy formulation among regulatory stakeholders.

The NGA is determined in its drive to advance Nigeria’s gas and energy sector as well as promote Diversity Equity and Inclusion (‘DEI’) within it. The association strives for sustainable growth and inclusivity in the nation’s energy landscape through collaborative efforts with industry leaders like Mr. Osagie Okunbor and institutions like Shell. 


Comments

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first Chairman of Pineapple Estate, Ikorod

NNPC Completes Mechanical Rehabilitation of Port Harcourt Refinery Plant

By Favour Ifeoluwa & Akinola Ajibade The Nigerian National Petroleum Company (NNPC) Limited, says that it has mechanically completed the rehabilitation of Area 5 Plant of the Port Harcourt Refining Company (PHRC). The nation's oil company began rehabilitation of the refinery two years ago, while at the same time, promised to complete its by 31st December 2023. The Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari, said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been completed. “In our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments,” Kyari stated. The GCEO commended NNPC's staff and the EPCIC contractors for doing a g

Oil Block: Why Fed Govt Prioritises Production Bonus To Attract Local & Foreign Investors

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single, non-recoverable lump sum payment made upfront by oil companies for their rights to develop oil blocks, as an option for maximizing revenue generation, thus discouraging investors with limited resources from bidding. Currently, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC which regulates activities in the nation’s oil and gas industry, has removed all entry barriers to attract massive investments. This strategy aims at growing oil and gas production, enhancing Nigerian Content Development, attracting Foreign Direct Investment, contributing to l