Connect with us

News

NNPC/NPDC Target Production Of 500,000 Barrels Of Liguefied Natural Gas Per Day

Published

on

The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Engineer Mele Kyari, Wednesday disclosed that the company is aiming at producing 500, 000 barrels of liguefied natural gas per day for domestic consumption.

The Group Managing Director made this disclosure during an inception tour to Oredo Integrated Gas Handling Plant Facility, IGHF, belonging to NPDC in Ologbo, Edo State, to ascertain the level of completion of the facility.

Nigerian Petroleum Development Company, NPDC, is a subsidiary of the NNPC.

Advertisement

READ ALSO: NNPC Spends N1bn Daily As Petrol Subsidy Hits N19.37/Litre

He added that after the completion, Nigeria will be sufficient in Liquefied Petroleum Gas, LPG, stressing that the facility was awarded in 2015 but commenced work in 2017, and will be completed October this year.

According to him, the production of 500, 000 barrels per day would be achieved in the next two years, just as he added that series of projects and activities have been lined up to achieve this.

He noted that NPDC was producing about 136, 000 barrels per day, but with improvement, the company is now producing 260,000 barrels per day, just as he described it as magnificent level of growth in the upstream company.

Advertisement

“A year ago, NPDC was producing about 136 000 barrels per day, but today, we are producing 260, 000 barrels per day. This is a very magnificent level of growth in any upstream company, and our target is to take this company to production level of 500, 000 barrels per day.

READ ALSO: Lagos Pipeline Explosion Update: Five Die, 20 Injured, 39 Vehicles Razed, 150 People Displaced

“This is possible within two years. We have lined up series of projects and activities in this regards. Today, we have the highest number of rings running in this country. Five rings runing at the same time, adding incremental value, and delivering major projects which will ultimately take to producing that 500 000 target,” he said.

He further disclosed that NPDC, being an indigenous company, contributes about a billion standard cubic feet of gas production to the entire mix of production, adding that majority of it goes into the domestic market.

Advertisement

Kyari said with the support and alignment of stakeholders particularly President Muhammadu Buhari, NPDC would be rated as the number one upstream company in the nation.

Mele Kyari, NNPC GMD signing out from the facility on Wednesday.

“NPDC is a company 100 percent owned by Nigeria, and we are delivering it to be number one upstream company in this country.

READ ALSO: NGO Urges Buhari To Move Nation’s Economy From Oil To Renewable Energy

” With the support and alignment of all the stakeholders particularly the support we are getting from President Muhammadu Buhari, we are delivering this company (NPDC) as the number one upstream company.

” We are optimistic that gas will now be delivered without interruption into the domestic market; supply of crude oil to the international market by our own company and through our own control will be justified.

Advertisement

“Today, the largest contributor of gas to the domestic market particularly power sector is NPDC. This is a national responsibility and a commercial venture with a national outlook,” he noted.

Earlier, Mansur Sambo, Managing Director, NPDC, said after the completion, not less than 250,000 metric tons will be coming to the domestic market, and that at least 18 to 20 trucks of LPG will be rolled out from the facility on daily basis.

READ ALSO: Put An End To Gas Flaring, University Don Tells Petroleum Engineers

Sambo said, “ On a daily basis, we will be doing between 18 and 20 trucks of LPG, and then we have propelled, as well, we will be having around 15 and 20 in total. We will be delivering about 40 trucks of LPG. That is what translates to the 250,000 metric tons that will be coming to the domestic market.

Advertisement

Sambo assured that with the plant, gas would now be delivered without interruption into the domestic market.

Advertisement
Comments

News

Coastal Highway: DStv, GOtv Customers To Experience Service Disruptions

Published

on

By

DStv and GOtv customers in Nigeria have been notified to expect disruption in service from Sunday, May 5, to Tuesday, May 7, due to the ongoing construction project on the Lagos-Calabar Coastal Highway.

In a notice shared on social media on Friday, DStv assured customers that its technical team will be working to relocate its facility and minimise service disruptions during the process.

The statement read, “Our uplink facility will be impacted by the ongoing Lagos-Calabar Coastal Road construction project. As a result, we are forced to relocate.

Advertisement

READ ALSO: Stock Market Review: FBN Holdings Leads 41 Others As Investors Gain N811bn

“From Sunday, May 5, 2024 to Tuesday May 7, 2024, our technical team will be working tirelessly to relocate and minimise disruptions during the exercise.

“We appreciate your patience and understanding during this period and remain dedicated to delivering the quality service and support you expect from DStv and GOtv.”

The PUNCH reports that demolition for the 700km Lagos-Calabar Coastal Highway commenced on Monday.

Advertisement

According to the Minister of Works, David Umahi, the duration of the construction is eight years, and it will be constructed for N15trn.

 

Advertisement
Continue Reading

News

12 Years After: Ex-Eagles, Fans Celebrate Late Yekini

Published

on

By

Former Super Eagles players and football enthusiasts on Saturday paid tribute to Nigeria’s all-time top scorer, Rashidi Yekini, 12 years after he passed on at 48 after a protracted illness, The PUNCH reports.

The late Yekini was reportedly kidnapped shortly before he passed away, and the cause of his death is still unclear.

Despite his sad ending over a decade ago, there is pride in the achievements of the 1993 African Footballer of the Year, yet sadness at his death and anger at the way he had been treated by the government and football authorities.

Advertisement

Super Eagles coach George Finidi, who made an assist for the late Yekini to score against Bulgaria at the 1994 World Cup in the USA, Nigeria’s first goal in the history of the tournament, said he still feels sad over his untimely death.

READ ALSO: Stock Market Review: FBN Holdings Leads 41 Others As Investors Gain N811bn

“His passing was sad for everyone,” Finidi said in an exclusive chat with Sunday Punch.

“Over the years, I have spoken about him, our connection on the field, and what he did for Nigeria as a player. May his soul rest in peace.”

Advertisement

Former Eagles coach and captain, Sunday Oliseh, a teammate of Yekini, also said his legacies will always be a benchmark for emerging Nigerian players.

The late Yekini deserves to always be remembered for all he did for our country,” Oliseh told The PUNCH.

“He gave his all to our country, and his exploits are there for us all to see for others to emulate and learn from. May his soul continue to rest.”

“Yekini is definitely one of the best African players and legends to ever walk this earth. Rashidi was full of pace, had a superb shot, could jump very high, and was calm in front of goal. Above all, he was a very loveable person once you got to know and understand him.”

Advertisement

READ ALSO: We’ve Earmarked N1bn Naira Monthly To Feed Edo People – Obaseki

Ace journalist Oluwashina Okeleji also took to his X handle to eulogise the former Victoria Setubal striker.

Today (Saturday) marks the 12th anniversary of Rashidi Yekini’s death.

“Football lost 1993 African Footballer of the Year Rashidi Yekini at the age of 48. He was Nigeria’s top scorer with 37 goals in 58 games. There was pride in his achievements, sadness at his death, and anger at the way he was treated by some.”

Advertisement

His former club, Gateway United, also joined other Nigerians in celebrating the legacy of Yekini.

Reflecting on Yekini’s illustrious career and his brief stint with Gateway United in 2005, the club’s acting general manager, Niyi Soleye, said, “Rashidi Yekini was not only a prolific goal scorer but also a gentleman that was respected by teammates and opponents alike. His 37 goals for Nigeria remain unmatched, a testament to his talent and dedication.”

READ ALSO: PHOTOS: Meet Top 10 Highest Goal Scorers In AFCON History

Soleye fondly recalled Yekini’s time at Gateway United, describing it as a pivotal moment for the club and their supporters.

Advertisement

I vividly remember his arrival like it was yesterday. As club secretary then, it was an honour to witness such a calibre of player joining us. He seamlessly adapted to our style, boosting morale both on and off the pitch.”

“While his passing in 2012 under controversial circumstances was tragic, his legacy continues to inspire future Nigerian footballers.”

Advertisement
Continue Reading

News

We’ve Earmarked N1bn Naira Monthly To Feed Edo People – Obaseki

Published

on

By

Governor Godwin Obaseki of Edo State, says his administration has earmarked nothing less than N1bn Naira monthly to feed vulnerable Christians in the state in the next three months.

This is as he said a similar programme has been mapped out for people in the Muslim faith in the state.

Obaseki disclosed this during the official flag-off of phase one of Edo State Food Support Programme also known as Christian Feeding Programme in Benin City.

Advertisement

The Governor, who said he was worried by the rising number of people who cannot afford a square meal in a day in the state, said he had to call Christian leaders in the state on how best to address the alarming situation.

READ ALSO: Stock Market Review: FBN Holdings Leads 41 Others As Investors Gain N811bn

Obaseki said in order not to make it look political, he decided not to involve political office holders, but Christian leaders in reaching out to vulnerable Christians in the state.

The Governor who added that the state government already had data of the vulnerable in the state database, said the means of reaching out to them maximally was the issue, hence using churches to reach out to them.

Advertisement

He said: “I was worried by the rising number of people who cannot afford a square meal in a day. So, I thought to myself how do we solve this problem. This is not politics I told myself.

“I then called the chairman of Christian Association of Nigeria (CAN) and some of the blockheads to a meeting and explained to them what I intended to do. So, that’s how we put our heads together to come up with this programme.”

READ ALSO: Police Bar Lawyers From Reaching Journalist Allegedly Detained On IGP’s Orders

Obaseki added: “I told them this is the amount of money I will be giving you every month. I’ll give you a billionaire monthly for three months first. At least, Let us try this for the first three months.”

Advertisement

The governor said the programme was not just to feed the vulnerable, but also together more data about people in the state on how the government can create employment for them and how the government can render help where necessary.

Earlier, in his remarks, Chairman of the Organising Committee who also doubles as the Chairman, CAN,
Apostle Irekpono Omoike, while thanking the governor for the initiative, said 10kg of 60,000 bags of rice have been purchased for onward distribution to the three senatorial districts in the state.

According to him, 27,000 bags of the 10kg would be distributed to the seven local government areas in Edo South, 15 bags to Edo Central and 18 bags to Edo North.

Further giving the breakdown, Omoike said 3, 000 bags would be distributed to each local government across the 18 local government areas, summing upto 54,000 bags, while the remaining 6,000 bags would be distributed to churches not captured under CAN.

Advertisement

 

Continue Reading

Trending

Exit mobile version