Oil & Gas

Oil & Gas

IPMAN Fumes, Says It Doesn’t Make Sense For NNPCL To Sell Dangote Petrol Higher Than Imported Ones

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it doesn’t make sense for the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol lifted from the Dangote Refinery higher than imported ones. IPMAN National Welfare Officer, John Kekeocha, stated this on Channels Television’s The Morning Brief breakfast programme on …

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NNPC reduces NMDPRA fee in reversed petrol pricing template

NNPC Limited has issued a reversed pricing template per litre for petrol bought from Dangote Refinery with the NMDPRA (Nigerian Midstream and Downstream Petroleum Regulatory Authority) fee reduced by half from N8.99 to N4.495. The other half has been charged to the Midstream and Gas Infrastructure Fund. Inspection fee of …

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Nigeria’s Oil Production Rose To 1.35mbpd In August — OPEC

Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August. According to the Organisation of the Petroleum Exporting Countries (OPEC) in its September Monthly Oil Market Report, the average daily crude production rose marginally by 45,000 barrels per day. Quoting information obtained through …

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