Downstream

The Nigerian National Petroleum Corporation (NNPC) yesterday said the only permanent end to fuel scarcity in the country is investment in downstream infrastrcuture. Its Chief Operating Officer, Downstream, Engr. Henry Ikemefuna…
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Smugglers of Premium Motor Spirit, popularly known as petrol, smuggle the commodity to as far as Burkina Faso, Mali and Cote d’Ivoire, the Nigerian National Petroleum Corporation stated on Wednesday. The NNPC also stated that the…
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The need for the Federal Government to take steps towards deregulation the oil and gas industry as well as end the controversial fuel subsidy resonated yesterday at the ongoing Oil and Gas Conference and Exhibition in Abuja. …
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There are fears of an imminent scarcity of petroleum products in parts of Niger state, Minna in particular as the Independent Petroleum Marketers of Association of Nigeria (IPMAN), Minna depot has rejected the newly introduced…
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The Department of Petroleum Resources (DPR) in Jos, Plateau State, has sealed off at least 20 illegal fuel stations. Operations Controller of the DPR Jos field office, Jerome Agada, confirmed this to journalists on Friday. According…
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There are rising concerns that Lagos may experience fuel scarcity following the vandalizing of the major petroleum products pipeline installed by the Nigerian National Petroleum Corporation (NNPC) in Lagos, which was busted for the second…
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Rivers State Governor, Nyesom Wike has warned that the State Government will not tolerate the shutting down of oil production facilities of operating companies in the state. Governor Wike said under no circumstances should communities…
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-By Yange Ikyaa The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) recently commended the Federal Government for the removal of VAT on Liquefied Petroleum Gas (LPG). Its President, Mr Nosa Ogieva-Okunbor,…
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The importation of Premium Motor Spirit, popularly known as petrol, into Nigeria, through the Direct Sale Direct Purchase scheme of the Nigerian National Petroleum Corporation, has increased by 534 million litres. The NNPC engages…
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The Department of Petroleum Resources (DPR) has indicated that Nigeria has not given up on its intention to fully liberalise its downstream oil sector, as well as introduce price deregulation. But the agency did not give a timeline for…
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