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Liquefied Natural Gas

Total SE asked some staff to vacate its $20 billion (about R293 billion) Mozambique liquefied natural gas (LNG) project as Islamist militants are staging attacks increasingly closer to the site.

Total asks Mozambique staff to leave as attacks draw near to LNG project

Fighters linked to Islamic State raided a town less than 5 kilometers from the construction camp this week of what is Africa’s largest private investment, ratcheting up risks for the planned LNG export terminal on Mozambique’s northern coastline. While the heavily guarded site hasn’t been attacked yet, militants have made threats that they may do so.
President Muhammadu Buhari is currently presiding over the quarterly meeting of the National Security Council (NSC) at the State House, Abuja.

NGEP: President Buhari to roll out autogas scheme December 1

President Muhammadu Buhari will on Dec. 1 roll out the autogas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria.
Nigerian President Muhammadu Buhari3

President Buhari: Deregulation will bring down price of petrol

Though the deregulation of petrol is causing hardship across the polity, the initial pain will eventually give way to greater benefits among which include a significant reduction in the price and availability of the product at all times, according to Nigerian President, Muhammadu Buhari.
Kano State Governor Abdullahi Umaru Ganduje

Kano distributes 500 gas cylinders, improved stoves

Kano State Government says it has distributed 500 improved stoves and Liquefied Natural Gas (LPG) cylinders to encourage development of alternative sources of energy.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Nigeria engages Chinese firm to build shipyard in Bayelsa

The Federal Government has engaged China Harbour Engineering Company for the construction of a shipyard in Brass Island, Bayelsa State.

Nigerian government begins feasibility study for Brass shipyard project

The Federal Government has begun the feasibility study for the construction of a shipyard on Brass Island in Bayelsa.
Mr Justice Derefaka, Technical Adviser, Gas Business and Policy Implementation to Minister of State for Petroleum Resources, says the National Gas Transportation Network Code (NGTNC) will “Go-Live” on Monday

Official: National gas transportation network code to go-live Monday

Mr Justice Derefaka, Technical Adviser, Gas Business and Policy Implementation to Minister of State for Petroleum Resources, says the National Gas Transportation Network Code (NGTNC) will “Go-Live” on Monday
BUA Group

BUA posts Q2 N101.3 billion revenue, N34.82 billion after tax profit

One of Africa’s largest cement producers, BUA Cement, has announced an impressive 2020 half-year results declaring revenues of N101.3billion and a Profit After Tax of N34.82billion, representing an increase of 12.7% and 13.74% respectively from the corresponding period in 2019. This was contained in a filing to the Nigerian Stock Exchange.

UK Export Finance set to back Total’s $20 bln Mozambique LNG project

Britain’s export credit agency UK Export Finance (UKEF) is set to back a $20 billion liquefied natural gas (LNG) project in Mozambique, a source with direct knowledge of the matter told Reuters on Friday.
Friends of the Earth accused France on Monday of planting a ticking climate bomb in Mozambique, where French oil giant Total is developing a mega-project to exploit natural gas.

NGO accuses France of starting Mozambique ‘climate bomb’

Friends of the Earth accused France on Monday of planting a "ticking climate bomb" in Mozambique, where French oil giant Total is developing a mega-project to exploit natural gas.
The logos of companies Rand Merchant Bank, FNB, Wesbank and Ashburton Investments are seen outside the FirstRand offices in Cape Town, South Africa, March 11, 2019. REUTERS-Mike Hutchings

RMB confirms Total’s $15 bln funding for Mozambique LNG project

South Africa’s Rand Merchant Bank (RMB) confirmed on Thursday that it is part of a consortium of banks providing $15 billion funding for French energy major Total’s Mozambique liquefied natural gas (LNG) project.
Filipe Nyusi

Mozambique extends coronavirus restrictions

Mozambique President Filipe Nyusi on Wednesday prolonged by a month the state of emergency ordered on 1 April to try to slow the spread of coronavirus infections.
Mr Tony Attah, the Managing Director-Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development.

NLNG: Train 7 construction, installation to be executed locally

In an effort to deepen local content in the petroleum industry, the Nigerian Liquefied Natural Gas (NLNG), on Monday disclosed that the entire installation and construction works of its train 7 project would be executed in Nigeria.
Mr Tony Attah, the Managing Director-Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development.

Nigeria lagging behind in gas business – NLNG chief

“Obviously, in today’s reality, the Nigeria LNG is lagging behind, both as a company and as a country,” said Mr Tony Attah, the Managing Director/Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development .
Mr Abhay Thakur, the High Commissioner of India to Nigeria, has said that Nigeria alone accounted for 20 per cent of India’s trade in Africa for the year 2018.

India-Nigeria bilateral trade volume reaches $13. 9 billion

Mr Abhay Thakur, the High Commissioner of India to Nigeria, said the trade volume between India and Nigeria increased to 13.9 billion U.S. dollars in 2018-2019.
Last Tuesday, Qatari Prime Minister Sheikh Abdullah bin Nasser Al Thani attended an annual Gulf Cooperation Council (GCC) summit held in Riyadh, its highest representation at the meeting since 2017.

Qatar sees ‘small progress’ in resolving Gulf dispute

Some progress has been made in resolving a bitter dispute between Qatar and its neighbours, the Gulf state's foreign minister said, just days after its prime minister visited Saudi Arabia.
President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.

President Buhari leaves Abuja today for Malabo, then Daura

President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.

Equatorial Guinea, Vitol sign agreement to develop gas megahub

The Ministry of Mines and Hydrocarbons of Equatorial Guinea and Vitol have signed a Strategic partnership and Cooperation Agreement as part of the development of Equatorial Guinea’s Gas Megahub in Punta Europa.

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Ekiti governor’s wife promises more attention to vulnerable children

The Wife of Ekiti Governor, Mrs Bisi Fayemi, said that she was ready to work with Federal Government to reduce the number of vulnerable children in the state.
The Kano State Road Traffic Agency (KAROTA) said it has impounded over 150 cartons of unregistered drugs and injections worth over N20 million and arrested two suspects.

Kano agency intercepts vehicle with cannabis worth N30 million

The Kano State Road and Traffic Agency (KAROTA), said it intercepted a Golf car carrying cannabis worth over N30 million in Kano.
Kelechi Iheanacho has refused to fault the Video Assistant Referee (VAR) for disallowing his goal against Norwich in last night’s premier league encounter.

Top Bundesliga club chase Kelechi Iheanacho

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The Governing Council of Federal University Wukari in Taraba has announced the appointment of Jude Rabo as the new vice-chancellor of the institution.

Wukari federal university gets new vice chancellor

The Governing Council of Federal University Wukari in Taraba has announced the appointment of Jude Rabo as the new vice-chancellor of the institution.
Governor Atiku Bagudu of Kebbi State 1

Kebbi government approves N464 million for women empowerment, others

The Kebbi governor, Alhaji Atiku Bagudu, has approved N468.5 million for the execution of projects and empowerment programmes under the state Ministry of Women Affairs and Social Development.