“We had a bit of delay but PMS will start coming out by the 10th, or 15th of July but then we want to keep in the tank to make it settle. By the third week of July, we will be able to sell it in the market.”
Browsing: Oil & Gas/Mineral Resources
Two sources confirmed that the Doric Breeze ship marked the inaugural BP cargo, loading 45,000 mt of supply from Lekki on May 27, according to S&P Global Commodities at Sea data.
The project, valued at N24.5 billion, twhich raverses mangrove forests with seven bridges and five culverts and connects 14 communities, is a part of activities to mark the one-year anniversary of the President Bola Ahmed Tinubu administration.
ASHENEWS reports that the Nigerian National Petroleum Corporation Limited (NNPCL) says it is set to establish LPG Micro filling plants in Niger state.
“There is always a new legislature in Nigeria about a new petroleum law. When you have such permanent debates, it’s difficult for investors looking for long-term structure to know what direction to go.”
“Tekedia Capital will take $3 million worth before the IPO day. We’re ready and would like to invest into the discount window of investment banks/underwriters. This is the decision of members of Tekedia Capital Syndicate,” Ekekwe stated this on his X handle, @ndekekwe.
“We met this morning, we made the first deal between both of us,” Pouyanne told a panel at the Africa CEO Forum in Kigali, Rwanda. “The two CEOs met with our head of trading and we found the way to convince them to make a deal,” he added.
“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of litre”, he said.
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State.
“The Company wishes to state that at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.