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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
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Global Energy Show: Ekpo Woos Investors To Nigeria's Gas Sector

  

By Favour Ifeoluwa & Akinola Ajibade

The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo yesterday said the path to a sustainable energy future requires partnership, innovation, and a shared commitment to addressing global energy challenges.
He stated this at a welcome reception hosted by the Nigerian High Commission in Alberta, Calgary, Canada, where he is attending the ongoing Global Energy Show.

In a statement issued yesterday ( Thursday) and made available to the media by the Minister Spokesman, Louis Ibah, Ekpo described the Global Energy Show as a platform where the brightest minds and most influential leaders in the energy sector converge, saying the gathering offered an opportunity to showcase Nigeria's immense potential in the global energy landscape, particularly in the gas sector.
He said: "We welcome Canadian businesses and investors to explore Nigeria's vast opportunities. Our government is dedicated to ensuring a stable and conducive environment for investments, with a focus on transparency, efficiency, and mutual benefit. 
The Minister said Nigeria is blessed with one of the largest natural gas reserves in the world, and is committed to harnessing this resource not only as a catalyst for economic growth, but also as a vital component of its energy transition strategy. 
According to Ekpo, the Nigerian government has in the past few weeks,  made substantial progress, by  creating an enabling environment for investment in the gas sector. 
He said initiatives such as the Decade of Gas had been launched to transform Nigeria into a gas-powered economy by 2030. 
He also said the Petroleum Industry Act (PIA) 2021 established the Midstream and Downstream Gas Infrastructure Fund (MDGIF), which provides a strategic framework to remove bottlenecks, incentivize investments and foster a conducive environment for gas infrastructure development. 
Ekpo therefore urged private sector investors to see Nigeria as a destination of their choice, highlighting their importance in the journey towards the country's energy security and sustainability. 
"Let us  foster deeper connections, share knowledge, and pave the way for a future where our energy collaboration leads to mutual prosperity and a sustainable world," he added.



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