Axxela Limited, has officially commissioned its Greater Lagos IV (GLIV) gas pipeline network and the newly renovated Elegbata Sports Complex. Greater Lagos IV (GLIV) is Axxela’s gas pipeline network, developed by its Gaslink Nigeria Limited subsidiary in partnership with the Nigerian Gas Marketing Company (NGMC). Spanning from Ijora through Lagos Island’s Marina axis, the $30
The Federal Government of Nigeria is targeting about $2 billion from the oil and gas lease licences renewal while about 1.2 billion dollars, 1.3 billion dollars has so far been earned. The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said recently in Abuja at the Nigerian International Petroleum summit that, “We projected for
The Ministry of Petroleum has evaluated Egypt’s savings resulting from importing liquefied gas to be over $3bn this fiscal year after connecting the new gas explorations to the production. According to a reliable source within the petroleum sector, the state paid about $280m monthly for importing shipments of liquefied gas, in order to meet the
The Managing Director, West African Pipeline Company Ltd (WAPCo), Mr Walter Perez, said at the weekend that the company carried 70 million standard cubic feet (scf) of gas daily to its customers. Walter stated during the company’s Agenda for Vendors Forum, held in Lagos, with its contractors and customers. According to the managing director, the
As part of Chevron Nigeria Limited’s efforts to assist in the building of organisational capability in the oil and gas industry, the company has completed a 12-month on-the-job-training of Nigerian graduates at the company’s office and field locations. Chevron’s General Manager in charge of Policy Government and Public Affairs, Mr. Esimaje Brikinn said in a
