Tag: Timipre Sylva
FG, Morocco sign 5 MoUs to foster cooperation on Hydrocarbons, Agriculture, Commerce
The Federal Government and the Kingdom of Morocco on Tuesday signed five Memoranda of Understanding (MoU) that would foster Nigerian-Morocco bilateral collaboration. Mr. Naboth Onyesoh, Manager, Corporate Communications, Nigerian Content Development and Monitoring Board (NCDMB) said this in a statement on Tuesday in Yenegoa The agreements are expected to promote the development of hydrocarbons, agriculture, ...Passage of PIB’ll unlock several midstream gas opportunities, enhance domestic gas utilisation – Sylva
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and enhance domestic gas utilisation. Sylva spoke on Thursday at the ongoing 12th Nigerian Gas Association (NGA) International Conference 2021 in Lagos. He said Federal Government was ready to collaborate with all ...Nigeria, Equatorial Guinea sign MoU to consolidate new opportunities for hydrocarbons sector
Minister of Petroleum Resources, Timipre Sylva met with Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea at the presidential palace in Malabo to strengthen bilateral relations between the two countries. The meeting included a signing of a memorandum of understanding (MoU) which will consolidate new opportunities for the hydrocarbons sector for ...Diri: I’m committed to Brass Fertiliser and Petrochemical project; warns ethnic bigots
Bayelsa State Governor, Senator Douye Diri, has strongly condemned an attempt to cause ethnic disharmony in the state through the Brass Fertiliser and Petrochemical Company project which he said he was committed to. Governor Diri, who was reacting to a trending post on social media accusing him of plans to scuttle the project as it ...No plans to increase PMS price in Feb. – NNPC assures Organised Labour, Nigerians
The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month February. The corporation gave the assurance in a statement signed by its spokesman Dr. Kennie Obateru in Abuja, on Thursday. “In spite ...We’ve reduced gas flaring to a very minimal level of 8% — minister
The Minister of State for Petroleum Resources, Mr Timipre Sylva says Nigeria is on course to end gas flaring by 2025. Sylva made this known on Monday at a Public Hearing on gas flaring organised by the House of Representatives on Monday in Abuja. The minister said that the public hearing was an opportunity to ...Nigerian Oil, Gas Park to be completed in Q4 2022 – NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) says the Nigerian Oil and Gas Park being developed by the board in Emelya 1, Bayelsa, will be completed in the fourth quarter of 2022. A statement by the Corporate Communications Department, NCDMB on its website on Thursday said Mr. Simbi Wabote gave the assurance after an ...We can run Nigeria’s refineries successfully with our foreign investors -IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to allow investors to take over the running of the country’s three refineries. Alhaji Danladi Pasali, National Secretary of IPMAN, stated this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. He spoke while reacting to a ...Construction of 2,000 bpd Modular Refinery in Brass, Bayelsa underway – NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday said the construction of 2,000 barrels per day (bpd) modular refinery in Brass Bayelsa was underway. The modular refinery is the fourth to be supported by the NCDMB under the Federal Government’s plan to use modular refineries to drive the development of the Niger Delta ...PIB: We need find, agree on cheaper means of producing oil – Osinbajo oil and gas stakeholders
Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the needs and purposes of the Nigerian nation including the largest production volumes possible. This was the view of Vice President Yemi Osinbajo, at a virtual meeting on the Petroleum ...
