NNPC’s Utapate Crude Grade Enters Global Oil Market

         Mohammed Shosanya

 

The Nigerian National Petroleum Company Limited has unveiled its latest crude oil grade, the Utapate crude oil blend,before the international crude oil market.

 

 

 

 

Olufemi O. Soneye,Chief Corporate Communications Officer NNPC Ltd conveyed this in a statement.

 

 

 

The NNPC Ltd and its partner, the Sterling Oil Exploration & Energy Production Company (SEEPCO) Ltd,had in July, 2024 introduced the Utapate crude oil blend, following the lifting of first cargo of 950,000 barrels which headed for Spain.

 

 

At a ceremony held at the Argus European Crude Conference taking place in London, United Kingdom, on Wednesday, the Managing Director, NNPC E & P Limited (NEPL), Mr. Nicholas Foucart described the introduction of the Utapate crude oil blend into the market as a significant milestone for Nigeria’s crude oil export to the global energy market.

 

 

 

“Since we started producing the Utapate Field in May 2024, we have rapidly ramped up production to 40,000 barrels per day (bpd) with minimum downtime. So far, we have exported five cargoes, largely to Spain and the East Coast of the United States; while two more additional cargoes have been secured for November and December 2024, representing a significant boost to Nigeria’s crude oil export to the global market,” Foucart told a packed audience of European crude oil marketers.

 

 

He added that since its introduction into the global market, the Utapate crude oil blend has enjoyed a positive response from the international crude oil market, due to its highly attractive qualities.

 

 

 

He said the Oil Mining Lease (OML) 13, fully operated by NEPL and Natural Oilfield Services Ltd (NOSL), a subsidiary of SEEPCO Ltd, boasts a huge reserves of 330million barrels of crude oil reserves, 45 million barrels of condensate and 3.5 tcf of gas.

 

 

 

“We have a number of ongoing projects to increase our production from the current 40,000bopd to 50,000bopd by January 2025 and 60,000bopd to 65,000bopd by June 2025. Essentially, we are targeting opportunities to increase production to 80,000bopd by the end of 2025,” Foucart added.

 

 

 

He said the Utapate crude oil terminal is sustainable, affordable and fully compliant with the rigorous environmental regulations and sustainability principles especially those aimed at reducing carbon emissions and other ecological effects.

 

 

 

Also speaking,the Managing Director of NNPC Trading Ltd (NTL), Mr. Lawal Sade said the pricing structure of the Utapate crude oil blend is similar to that of Amenam crude as it is a light sweet crude which is highly sought after by refiners across the world due to its low sulphur content, efficient yield of high-value products, API gravity and other similarities.

 

 

 

He said in bringing the new crude oil blend to the global market, NNPC Ltd wanted to optimise value for both its producers and counterparties across the globe.

 

 

 

He added to ensure predictability and sustainability of supply, the NNPC Trading intends to run a term contract on the Utapate crude oil blend cargoes, principally targeting off-takers from the European and the US East Coast refineries.

 

 

 

Produced from the Utapate field in OML 13 in Akwa Ibom State in Nigeria, the Utapate crude oil blend is similar to the Nembe crude oil grade. It has a low sulphur content of 0.0655% and low carbon footprint due to flare gas elimination, fitting perfectly into the required specification of major buyers in Europe.

 

 

The NNPC E&P Ltd and NOSL partnership is also committed to operating in a manner that is safe, environmentally responsible, and beneficial to the local communities.

 

 

The Utapate field development plan, executed between 2013-2019 and approved in October, included converting wells and facilities from swamp/marine to land-based operations.

 

 

The plan involved a multi-rig drilling campaign for 40 wells and the development of significant infrastructure such as production facilities, storage tank, a subsea pipeline and an offshore loading platform to facilitate crude oil evacuation and loading.

 

 

 

 

The entry of the Utapate crude oil blend into the market is coming barely a year after the NNPC Ltd announced the launch of Nembe crude oil, produced by the NNPC/Aiteo operated Oil Mining Lease (OML) 29 Joint Venture (JV).

 

 

This remarkable achievement signals the commitment of the NNPC Ltd to increasing Nigeria’s crude oil production and growing its reserves through the development of new assets,the statement quoted.

 

 

 

Asharami Synergy Unveils New Retail Station In Rivers

 

  Mohammed Shosanya

 

 

Asharami Synergy Limited,a Sahara Group downstream company, has commissioned a new retail station in Omagwa, Rivers State, in line with its commitment to driving access to quality petroleum products.

 

 

 

Situated strategically along the Airport Road in Omagwa, the station, which features a storage capacity of 45,000 litres each for Automotive Gas Oil (AGO, also known as diesel) and Premium Motor Spirit (PMS, also known as petrol) is equipped with two pumps and four discharge nozzles for PMS and AGO.

 

 

 

According to a statement,the facility also has ample space for sundry services in a bid to ensure consumers get more “miles and smiles” as well as the energy to “go further” with Asharami’s world-class products.

 

 

 

“The Asharami Omagwa Retail Station is fully operational, offering a range of premium products and services. It’s a one-stop shop that also gives our esteemed customers eat-in and take-out restaurant services, shopping, as well as the Asha lubricants and Asha Service experience which will ensure premium care for all classes of automobiles and engines,” said Oladimeji Williams, Head, Government Relations and Business Development at Asharami Synergy.

 

 

 

At the commissioning,Willaims said the new station represents an important step in Asharami Synergy’s expansion plan aimed at reaching and serving more communities responsibly. “This station is strategically positioned close to the airport, serving as the gateway for powering socio-economic development in the community and those close to it, while enabling Asharami Synergy to integrate all aspects of its downstream business towards ensuring efficiency and value for our customers,” he stated.

 

 

 

Williams commended the Federal Airport Authority of Nigeria (FAAN) and the Omagwa community leaders for their support and collaboration throughout the project’s duration, describing it as a “seamless and productive process that highlights Asharami’s corporate stewardship and social impact” in the community.

 

 

 

Also speaking at the event, Mrs. Ifesinachi Ezike, Regional General Manager (South South), FAAN, emphasized the broader significance of the new station, stating, “This occasion marks a significant milestone not just for Asharami Synergy but for the airport and the entire community. It marks not just an opening of a new facility but the beginning of a renewed commitment to enhancing the travel experience of all our passengers and stakeholders”.

 

 

 

In a move that underscores its commitment to sustainability and community development, Asharami Synergy also commissioned a solar-powered borehole during the launch.

 

 

 

The borehole is set to improve access to clean and reliable water for residents, marking a tangible contribution to the local community.

 

 

 

“At Sahara, we are always making a difference—not just through our business operations; we are unwavering in our commitment to driving sustainable development and building partnerships that enhance the well-being of our host communities,” Williams added.

 

 

 

 

Over 300 Youths Benefit As NLNG Commences Nigerian Content HCD Trainings

      Mohammed Shosanya

 

 

The Nigerian Liquefied Natural Gas Limited,has kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project, a major Nigerian Content programme aimed at reskilling young graduates and developing human capital.

 

 

 

A total of 331 young graduates from diverse academic disciplines who emerged successful out of 848 previously shortlisted from the Nigerian Oil and Gas Industry Content (NOGIC) Joint Qualification System (JQS) portal of the Nigerian Content Development and Monitoring Board (NCDMB), are undergoing the 12-month programme,a statement said on Sunday.

 

 

 

According to the statement,areas of training include ICT, Engineering, Welding and Fabrication, Non-destructive Testing (NDT), Lifting and Working at Heights, Quality Management Systems, Marine and Offshore Services, and Facility Management and Maintenance.

 

 

Speaking at the event, the NLNG Train 7 Corporate Liaison Manager, Engr Joshua Anemeje, who represented the Train 7 project, said the execution of the project has progressed remarkably well and attributed the successful commencement of the NC-HCD Training Programme to the support of the NCDMB.

 

 

 

“We are excited to see the number of young men and women this programme will impact. NLNG takes pride in empowering our people, providing an environment that builds skills and capabilities. As you know, the Train 7 Project is nearly 75% complete, employing over 10,000 skilled individuals on-site. This training offers participants a chance to make the most of their learning and apply it in future endeavours,” he said.

 

 

 

 

 

Engr Anemeje disclosed that there are over 10,000 workers actively engaged in the construction of the Train 7 Project at the NLNG Plant Site at Finima, Bonny Island, Rivers State. He charged the trainees to stay focused and work towards utilising the skills they acquire for future endeavours.

 

 

 

 

In the keynote address,the NCDMB Executive Secretary, Engr Felix Ogbe, FNSE, represented by the Director of Capacity Building and Corporate Services, Dr Ama Ikuru, expressed joy that the training programme had finally taken off in fulfilment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act requirement on human capital development.

 

 

 

He said the programme, designed to build a pool of skilled and globally competitive workers to support the development and growth of the Nigerian oil and gas industry and its related sectors, represents a crucial investment in our country’s future and remains a commitment to the empowerment of the next generation of skilled professionals.

 

 

 

Addressing the trainees, Dr. Ikuru stated that the opportunity created by the NC-HCD programme will enable them to build a strong foundation in both knowledge and practical skills. He remarked that there was a clear pathway to employment for high-performing trainees.

 

 

 

He further remarked that young graduates seeking to benefit from similar training for oil and gas industry-related jobs can register on the NCDMB’s NOGIC JQS Portal, which is the statutorily established database for companies operating and providing services in the sector.

 

 

The training is provided by the Oil and Gas Trainers Association of Nigeria (OGTAN).

 

 

The Train 7 Project is expected to increase the production capacity of the NLNG Terminal by 35 per cent, from the current 22 million metric tonnes per annum (mtpa) to 30 mtpa.

 

 

 

 

 

 

SNEPCo Pledges Sustained Roles In Nigeria’s Energy Security

 

Mohammed Shosanya

 

 

The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo) Ronald Adams,has pledged sustained efforts by Shell to address the country’s energy trilemma by powering progress towards energy security in a sustainable manner.

 

 

 

 

He spoke at the closing dinner of the 42nd Annual International Conference and Exhibition of the National Association of Petroleum Explorationists,NAPE which held in Lagos recently.

 

 

 

 

Mr Adams referred to the operations of SNEPCo as an example of Shell’s contribution to energy security in Nigeria.

 

 

 

 

He added: “As a result of sustained production from Bonga, we have provided funds to finance development, created a new generation of Nigerian Deepwater professionals, empowered indigenous contractors and service providers, and implemented social investments that have touched lives in the six geo-political zones of the country.

 

 

 

“Mr. Adams added: “SNEPCo and indeed Shell are in Nigeria for the long haul. Our commitment is reflected in both our current and growth plans, all of which are grounded in principles of safety, affordability, and competitive performance.”

 

 

 

 

Shell companies in Nigeria and staff won awards in recognition of their robust participation at the confab.

 

 

 

Shell was declared Best Overall Exhibitor and Best exhibiting Energy company (International) just as Geophysicist Somime Oguntola took home the Award of Excellence for Oral Paper (second place). A Shell staff, Johnbosco Uche, was also installed as the new President of NAPE.

 

 

 

Shell companies in Nigeria have supported NAPE since its founding in 1975, using the skills and expertise of the large pool of energy professionals in its employment to improve its activities especially educational and mentoring programmes.

 

 

In addition to being a major sponsor of the 2024 conference, Shell mounted a high-profile exhibition, featuring among other things, career counselling, engagements on Nigerian Content and Contractor development and panel sessions on Women in Industry and Sustainability Energy Challenge.

 

 

A highlight was the Shell medical stand which attended to more than more than 500 conference participants and members of the public over the four days of the annual event. The doctors and nurses offered a wide range of services including laboratory tests, deworming, medical consultation as well as ophthalmology checks and distribution of nearly 300 eyeglasses.

 

 

 

 

NNPC Ltd Targets 2mbpd Output By December

 

          Mohammed Shosanya

 

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have increased crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd).

 

 

 

The company announced this at a press briefing on Thursday,adding that the feat was achieved in compliance with the mandate of President Bola Ahmed Tinubu.

 

 

Olufemi  Soneye,Chief Corporate Communications Officer,NNPC Ltd, quoted the Group Chief Executive Officer, Mr. Mele Kyari,as congratulating the Production War Room Team that anchored the production recovery process.

 

 

“The team has done a great job in driving this project of not just production recovery but also escalating production to expected levels that are in the short and long term acceptable to our shareholders based on the mandates that we have from the President, the Honourable Minister, and the Board,” Kyari explained.

 

 

 

Speaking on the efforts of the Production War Room, the Chief War Room Coordinator and Senior Business Adviser to the Group Chief Executive Officer, Mr. Lawal Musa, disclosed that the feat was achieved through the collaborative efforts of Joint Venture and Production Sharing Contract partners, the Office of the National Security Adviser, as well as government and private security agencies.

 

 

 

According to him,the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.

 

 

 

He emphasized that when the Production War Room team was inaugurated on the 25th June 2024, production was at 1.430mbpd, but the team swung into action, culminating into it sustaining the production recovery to 1.7mbpd in August and hitting the current 1.808mbpd in November.

 

 

“We are confident that with this same momentum and with the active collaboration of all stakeholders, especially on the security front, we can see the possibility of getting to 2mbpd by the end of the year,” he stated.

 

 

 

Speaking on the development, Chairman of the NNPC Ltd Board of Directors, Chief Pius Akinyelure,who also congratulated the team,said he was happy to be part of the production recovery process, adding: “today, I will leave this place with my heart full of joy”.

 

 

 

He implored the company’s Management to come up with a cashflow projection based on the new production figures to facilitate planning, stressing that he was looking forward to further production increase to 3mbpd.

 

 

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, expressed satisfaction with the performance of the team and pledged the Federal Government’s support for the company to do more.

 

 

 

 

 

NNPC Ltd Strengthens Operations,Makes Fresh Leadership Appointments

 

          Mohammed Shosanya

 

 

The Nigerian National Petroleum Company Ltd,Wednesday announced key leadership appointments in a bold move at strengthening its operational efficiency and boost its competitive edge in the global oil and gas industry,

 

 

 

 

The company explained that the  move is in line with the provisions of the Petroleum Industry Act and the NNPC Ltd’s commitment to strengthening corporate governance and operational efficiency within national oil company.

 

 

 

Besides,it’s in line with the NNPC Ltd management’s commitment to ensure that the company continued to succeed in driving Nigeria’s energy sector.

 

 

 

The NNPC Ltd announced the appointment of Mr. Adedapo Segun as its new Chief Financial Officer (CFO),it said in a statement on Wednesday.

 

 

 

Segun was,until his appointment, the company’s Executive Vice President, Downstream.He is to take over the position of CFO from Mr Umar Ajiya.

 

 

 

 

The NNPC Ltd also announced two other key leadership appointments.They are the appointment of Mr. Isiyaku Abdullahi as the Executive Vice President (EVP), Downstream and the appointment of Mr. Udobong Ntia as the Executive Vice President (EVP), Upstream.

 

 

These appointments reflect NNPC’s commitment to building a strong and cohesive leadership team to drive operational excellence and strategic growth,the statement signed by Femi Soneye,the company’s image-maker said.

 

 

 

The NNPC Ltd. board and management, also extended their heartfelt appreciation to Mr. Umar Ajiya and Oritsemeyiwa Eyesan for their service to the company.

 

 

NNPC Ltd said it remains committed to operational excellence, financial sustainability, and global competitiveness as it continues to play a vital role in advancing Nigeria’s energy industry.

 

 

Mr. Adedapo Segun (Chief Financial Officer)

 

 

He joined NNPC Limited as Treasurer in April 2016 and enthusiastically drove a series of optimization initiatives culminating in ISO 9001:2015 certification of Group Treasury Quality Management Systems, the very first in the Finance & Accounts function.

 

 

 

 

In October 2022, following the transition to NNPC Limited, Segun became the pioneer Chief Finance and Investor Relations Officer where he was charged with the responsibility of raising medium and long-term financing for NNPC Limited and its wholly owned subsidiaries, as well as overseeing Investor Relations activities, including the Company’s journey towards its Initial Public Offer.

 

 

 

 

He led the negotiation and closing of financing initiatives to raise billions of US Dollars and has laid a solid foundation for the emergence of impending NNPC Limited as a Public Limited Liability Company.

 

 

 

 

 

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), having passed the qualifying examination of the prestigious body in 1990. Segun has an impressive record of successfully leveraging high decision quality in driving optimization and efficiency initiatives in both the private and public sectors.

 

 

 

 

With over 30 years of accounting and management experience, 25 of which were in a top ten fortune 500 company. Dapo’s oil and gas industry exposure covers both upstream and downstream, in Nigeria as well as in the United States of America.

 

 

 

 

Beyond the finance and accounting function, he has had experience broadening assignments in Facilities Engineering and Security Services.

 

 

Mr. Isiyaku Abdullahi (Executive Vice President, Downstream)

 

 

 

Isiyaku Abdullahi is a seasoned executive with over 30 years of experience in the oil and gas industry, known for his commitment to transparency, accountability, and performance excellence.

 

 

 

He has held various leadership positions, including Group Treasurer of NNPC Ltd, Managing Director of PPMC, and Group General Manager of Accounts/Financial Controller at the NNPC HQ and General Manager, Finance at the NNPC Pension Ltd., demonstrating his versatility and dedication to driving growth and prosperity in the industry.

 

 

 

 

As a seasoned leader, he has leveraged his technical, commercial, social, and political insights to drive growth and prosperity in the Nigerian Oil and Gas Industry and the Nigerian economy.

 

 

 

He has achieved numerous exceptional accomplishments, including turning PPMC’s fortunes from N3bn to N19bn profit, publishing NNPC’s first audited financial statements in 44 years, and facilitating cost savings of millions of dollars for the federation.

 

 

 

 

He is poised to lead NNPC Ltd to international prominence, increasing production capacity, rehabilitating refineries, and building new ones to augment energy security.

 

 

 

 

He has expertise in financial analysis for oil and gas,financial planning and management in the oil and gas industry as well as building financial models and forecasts for energy operations.

 

 

 

His ability to analyze data and solve problems related to financial performance is unique and he has been developing and implementing strategic financial plans and projects for the NNPC.

 

 

Udobong Ntia (Executive Vice President Upstream)

 

 

Until his appointment as the Executive Vice President, Upstream at the MNPC Ltd, Ntia was a past Executive Director at ExxonMobil

 

 

 

He is an experienced Project Executive with a demonstrated history of working in the oil & energy industry.

 

 

 

 

He is also skilled in petroleum and gas, and he is a strong business development professional with an MBA focused in Business Administration and Management, from the University of Houston.

 

 

 

He was also a one-time General Manager, External Relations & Business Development at ExxonMobil, where he was responsible for Venture Relations, Public & Government Affairs, and Commercial/Gas & Power Marketing.

 

 

 

 

Between 2009 and 2010, he was Area Operations Manager responsible for overall asset management and safe operations of four large offshore production facilities with related pipeline gathering network to onshore facility.

 

 

 

 

He was also accountable for efficient depletion of 2.5GBO Proved Reserves; prudent management of $200m per year in operating costs, and safe production into sales of 150,000 barrers per day crude oil with gas injection/gaslifting facilities in a challenging fiscal and regulatory environment.

 

 

NNPC,Dangote Refinery Ink 10-Year Gas Supply Deal 

 

       Mohammed Shosanya

 

 

 

The Nigerian National Petroleum Company (NNPC) Gas Marketing Limited (NGML),has signed a groundbreaking Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals.

 

 

 

 

 

This strategic partnership will supply the Dangote Refinery with 100 million standard cubic feet per day (MMSCF/D) of natural gas for power and production over the next decade, setting the stage for industrial revitalization in Nigeria, a statement said on Wednesday.

 

 

 

 

The agreement, signed at Dangote’s Corporate Headquarters in Lagos by NGML Managing Director Barr. Justin Ezeala and Dangote Group President Aliko Dangote, provides for a secure daily supply of 50 MMSCF/D with an additional 50 MMSCF/D as an interruptible reserve,the statement quoted.

 

 

 

According to the statement,this collaboration will enable the refinery in Ibeju-Lekki, Lagos, to leverage natural gas for power generation and as essential feedstock, boosting its operational efficiency and supporting national energy goals.

 

 

 

 

The statement added that the  initiative is part of President Bola Ahmed Tinubu’s policy to tap into Nigeria’s extensive gas resources to drive industrialization and economic growth.

 

 

 

 

 

The deal marks NGML’s first major agreement without capital expenditure (CAPEX) commitments, a feat considered unprecedented in Nigeria’s gas distribution sector.

 

 

 

 

With this collaboration, NNPC Ltd reinforces its role in fostering local production and enhancing domestic gas usage to support industries and boost the economy.

 

 

 

 

The agreement underscores NGML’s commitment to sustainable energy solutions, paving the way for greater stability, economic growth, and energy security for Nigeria,the statement said.

 

 

 

 

Improved Energy Access Key To Nigeria’s Development,Says Seplat Energy

                                               

Mohammed Shosanya

 

 

Seplat Energy Plc,says Nigeria’s development will require significant improvements in access to energy.

 

 

 

 

Lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs),according to the company.

 

 

 

 

Its Chief Executive Officer,Mr. Roger Brown, said this in his  keynote address at the ongoing 42nd Nigerian Association of Petroleum Explorationists (NAPE) Annual Conference & Exhibition,in Lagos.

 

 

 

 

 

He was represented by the Director, New Energy at Seplat Energy, Mr. Okey Mba,who spoke on the Conference theme: Resolving the Nigerian Energy Trilemma: Energy Security, Sustainable Growth and Affordability.

 

 

 

 

 

He said,Nigeria must improve energy access and achieve a balance between equity, security and sustainability; as the country faces the challenges of population growth and lack of economic and social development because of poor energy access.

 

 

 

 

 

“Nigeria’s development will require significant improvements in access to energy. With gas, significant development gains can be achieved with minimal impact on emissions. The country must transition away from reliance on biomass and oil as its primary sources of energy,” he stressed.

 

 

 

 

He advocated the need to make gas as Nigeria’s transition fuel; saying it is proven and accepted as transition fuel in developed North with large local resources in Africa (Nigeria having the largest) and multiple essential uses beyond power.

 

 

 

 

 

He explained that Nigeria’s abundant gas reserves offer a local solution to resolving the country’s energy trilemma; given that as gas is developed it is likely the reserves will grow materially. Nigeria has estimated 209 Tcf of reserves by many experts believe it is 2 to 3 times that amount.

 

 

 

 

 

“Nigeria’s estimated 40GW(plus) power generation sets (gensets) could be displaced by cleaner, cheaper utility-scale gas and renewables. Every gigawatt (GW) of generator power displaced by cleaner utility-scale gas will decarbonise Nigeria’s energy system and reduce the cost of energy. Our industry must focus on end-to-end solutions to unlock the full value of Nigeria’s gas so we can resolve the energy trilemma,” he added.

 

 

 

 

Shell Seeks Improved Regulatory Environment In Nigeria’s Oil,Gas Industry

 

Mohammed Shosanya

 

 

The Shell Petroleum Development Company of Nigeria Ltd (SPDC) is seeking a robust regulatory environment with continuous improvement in the provisions in the Petroleum Industry Act.

 

 

 

The development was necessary to drive the company’s low,zero-carbon strategy and investments in the country,Country Chair, Shell Companies in Nigeria and Managing Director, The Shell Petroleum Development Company of Nigeria Ltd (SPDC,) Osagie Okunbor said yesterday in Lagos.

 

 

 

 

 

 

He spoke in a remark delivered on his behalf by Exploration Manager Gogo Eneyok at the opening of the 42nd Annual International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE)

 

 

 

 

“The menace of crude theft and illegal refining must also be tackled to safeguard the nation’s resources and protect the environment,”he added.

 

 

 

He said Shell will continue to power progress in the drive for energy security in Nigeria through its businesses in the upstream,midstream and downstream and renewables sectors

 

 

 

 

According to him,the range of the Shell businesses were integrated across the energy value chain and working hard to address the challenges as captured in the theme of the event: “Resolving the Nigeria Energy Trilemma: Energy Security, Sustainable Growth & Affordability.”

 

 

 

 

In addition to SPDC, the other Shell businesses in the country are Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Shell Nigeria Gas (SNG,) Daystar Power and All On as well as Nigeria Liquefied Natural Gas (NLNG,) in which Shell has 25.6% interests.

 

 

 

 

Okunbor said: “Shell, working with government, regulators and stakeholders, is actively participating in finding a pathway through the energy trilemma. We are focused on generating maximum value and cash to power the country.”

 

 

 

He referred  to the company’s efforts towards low and zero-carbon products to market.

 

 

 

He said: “Shell is deploying latest technologies in reducing emission in our operations and we are well on track to meet our forecasted Green House Gas reduction targets.”

 

 

 

 

SNG is also increasing domestic gas delivery through its distribution network of 150 kilometers in Nigeria while Daystar and All On are giving individuals and communities access to cleaner and affordable energy

 

 

 

The opening ceremony of the NAPE conference featured a tour of exhibition stand by the executive members of NAPE.

 

 

 

He and other dignitaries were conducted round the Shell stand by Magdalene Umoh, a Senior Production Systems Engineer.

 

 

 

She gave an insight to the milestones of Shell businesses in Nigeria,including social investments and development of Nigerian contractors and vendors. 

 

 

 

The Shell stand is complemented by a well-staffed medical team which is attending to participants and visitors for the duration of the four-day conference.

 

 

New Butane Energy Plant To Boost Consumption Of Cooking Gas In Nigeria

       Mohammed Shosanya

The Nigerian Content Development and Monitoring Board (NCDMB) and Butane Energy Limited have recorded a significant milestone in their collective drive to make liquefied petroleum gas (LPG) a widely accessible, cleaner, and more cost-effective fuel option for cooking in the country, with the commissioning of a 180-metric-tonne LPG Filling Plant in Kaduna, Kaduna State.

The Filling Plant,the second after the commissioning of another 100MT LPG Storage and Bottling Plant in Kabukawa Layout, Katsina, Katsina State, in 2021, is part of a joint venture to establish five of such facilities in Northern Nigeria with a combined storage capacity of 1,000MT. Kano LPG Storage and Bottling Plant in Kano State is slated for commissioning in the first quarter of 2025, while construction work on another in Bauchi is at an advanced stage. Abuja is next in line.

In an interview with newsmen after the commissioning ceremony at the Kaduna Plant, the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, represented by the Director, Monitoring and Evaluation of NCDMB, Alhaji Abdulmalik Halilu, expressed satisfaction with the impressive strides of Butane Energy Ltd.

He said that NCDMB was motivated to enter into equity partnership with the indigenous LPG storage, trading and marketing company after the latter presented “a [bankable] business plan aimed at enhancing gas penetration in northern Nigeria.” He explained that the Board acted in line with its statutory mandate to catalyse in-country capacity development through equity funding.

NCDMD,he noted further,was also interested in job creation through such projects, as there were clear possibilities for employment into technical and managerial cadres as operations progressed.

According to him,no fewer than 200 Nigerians gained employment, and there was the added benefit of local content growth.

In his remarks, the Chairman, Butane Energy Ltd, Alhaji Isa Inuwa Muhammed, stated that NCDMB is a co-owner of the company, and expressed gratitude to the Management of the NCDMB for the confidence reposed in his company, particularly in its vision and business approach.

According to him,the relationship between the Board and Butane is based on trust, and that the success thus far would greatly reinforce the partnership.

Established in 2017 as a player in LPG storage and marketing, Butane Energy Ltd has massive distribution assets in northern Nigeria, and is deliberate in its corporate objective to make the fuel accessible to every part of the region.

The LPG Filling Plant is part of NCDMB’s strategic third-party investments aimed at supporting in-country capacity development, reducing reliance on traditional fuels, fostering sustainability and building a greener future for Nigeria.