Author: Rareview

Reported by Ono Yima Nigeria’s strategic shift toward a gas-driven economy is entering a commercially decisive phase as the Nigerian National Petroleum Company Limited intensifies engagement with investors ahead of first gas from the Ajaokuta–Gwagwalada segment of the Ajaokuta–Kaduna–Kano Gas Pipeline, expected by July 2026.The project, a core component of the AKK pipeline network, is positioned as a catalytic infrastructure asset designed to expand domestic gas supply, power industrialisation across northern Nigeria and create scalable opportunities in compressed natural gas (CNG), mini-LNG and power generation.Speaking after a stakeholders’ workshop in Abuja, the Executive Vice President, Gas, Power and New Energy at NNPC, Olalekan Ogunleye, framed the development as a structural ...

By Ali Elias LAGOS — Nigeria’s drive toward fuel self-sufficiency has received a major boost following a new nationwide distribution framework that will channel up to 65 million litres of Premium Motor Spirit (PMS) daily from the Dangote Petroleum Refinery to domestic markets.The President of the Dangote Group, Aliko Dangote, disclosed that the refinery has concluded a structured offtake agreement with 12 major petroleum marketing firms, a move expected to stabilise supply, curb speculative practices and reshape the downstream sector.Under the arrangement, domestic demand will be prioritised, with surplus volumes estimated at 15–20 million litres daily earmarked for export. Nigeria’s daily petrol consumption currently ranges between 50 million and 60 million litres.“This framework g...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) has held sensitization workshops in Port Harcourt, Rivers State, Abuja and Lagos, for companies and stakeholders operating in the midstream segment of the Nigerian oil and gas industry. The midstream segment of the oil and gas industry consists of companies and businesses registered engaged in gathering and transmission of oil and gas, pipeline networks, trucking, processing of natural gas to eliminate impurities; liquefaction of natural gas, as in liquefied natural gas (LNG); separation of raw natural gas into dry methane, as well as storage operations, among others. In his address at the Port Harcourt leg of the event, Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe said the workshop was convened to ...

By PR A world-class Gravimetric Flow Metering Calibration Laboratory, the first in Africa, was on Tuesday commissioned at the operational base of Engineering Automation Technology Limited (EATL) at Eket, Akwa Ibom State, with all oil and gas industry regulatory agencies and leading operators in attendance. The facility, which is engineered to accommodate diverse flow regimes and fluid properties, guarantees accurate and reliablemeasurement of product transmission through industry pipelines. It incorporates what industry experts describe as “temperature and pressure conditioning, traceable reference standards, and automated data capture,” and would solve problems of flow meter factorisation and recertification. In...

Report by Ali Elias Report by Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has issued a firm regulatory reminder to upstream operators and service providers on the statutory remittance of the Nigerian Content Development Fund levy, signalling a tightening compliance framework across Nigeria’s oil and gas industry.In a directive delivered at the Nigerian Content Tower in Yenagoa, Bayelsa State, the Board emphasized that remittance of the levy is not optional and warned that access to regulatory services, approvals, and certifications will be contingent on verified compliance.Below is the full text of the statement issued by the Board. Remittance of 1% Nigerian Content Levy Still Mandatory – NCDMB -Access to Approvals, Services Dependent on ...

Reported by Els William EKET, AKWA IBOM — Engineering Automation Technology Limited (EATL) has commissioned a new state-of-the-art Multifaceted Flow Metering Facility in Eket, Akwa Ibom State, marking a significant addition to Nigeria’s indigenous capacity in upstream measurement and production optimisation.The commissioning ceremony attracted key stakeholders from across the oil and gas value chain, including representatives of the Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Upstream Investment Management Services (NUIMS). Executive Secretary of NCDMB, Felix Omatsola Ogbe, who was represented at the event by Acting Director of Monitoring and Evaluation Silas Ajimijaye, described t...