NNPC

NNPC, Seplat seal five deals for 300mmscfd gas plant in Imo

NNPC, Seplat seal five deals for 300mmscfd gas plant in Imo

The Nigerian National Petroleum Corporation, NNPC, Monday, signed five agreements with Seplat Petroleum Development Company, SPDC, for the Assa North and Ohaji South (ANOH) gas development scheme, which would see the construction of an initial 300 million standard cubic feet per day (mmscfd) gas processing plant in Imo State.
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FAAC: NNPC deducts N139bn for subsidy in 3 months

FAAC: NNPC deducts N139bn for subsidy in 3 months

ABUJA—Nigerian National Petroleum Corporation, NNPC, deducted N139.333 billion as subsidy for Premium Motor Spirit, PMS, also known as petrol, from its domestic crude oil and gas sales proceeds between January and March 2018, cutting down on its remittances to the Federation Account.

NNPC, FAAC and the rest of us

NNPC, FAAC and the rest of us

The present stand-off where a FAAC meeting had to be suspended indefinitely has the potential of addressing the fiscal irresponsibility that has been bedeviling Nigeria’s public finance for too long, at least to some extent. We hope this opportunity should not be missed to reconnect fully with the principles of the Fiscal Responsibility Act which has been eroded.

Depot fire won’t affect petroluem supply— NNPC

Depot fire won’t affect petroluem supply— NNPC

The Nigerian National Petroleum Corporation, NNPC, yesterday, assured residents in Niger State and environs that the fire incident at its Pogo village depot in Paikoro Local Government Area will not affect supply of petroleum products.

NNPC signs agreement for seven critical gas projects

NNPC signs agreement for seven critical gas projects

The Nigeria National Petroleum Corporation, NNPC, has signed agreements for seven Critical Gas Development Projects (7CGDP) to deliver about 3.4 billion standard cubic feet of gas per day (bscfd) to bridge the foreseen medium term supply gap by 2020 on an accelerated basis.

NNPC subsidiary, NGPTC, posts N6.1bn profit in one year

NNPC subsidiary, NGPTC, posts N6.1bn profit in one year

Nigerian Gas Processing and Transportation Company, NGPTC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, yesterday, announced a profit after tax of N6.11 billion for its 2017 financial year.

NNPC Depot Minna gutted  by fire

NNPC Depot Minna gutted by fire

Tragedy was averted in Minna, Sunday, as social miscreants deferred all entreaties not to scoop fuel from broken pipes at  Nigerian National Petroleum Corporation (NNPC) depot in Pogo Minna, Niger State, which later went up in flames.

NNPC depot Minna gutted by fire

NNPC depot Minna gutted by fire

The Depot of the Nigerian National Petroleum Corporation (NNPC) in Pogo Minna, Niger state has been gutted by fire.

NNPC and FAAC facts of sharing

NNPC and FAAC facts of sharing

As individuals and communities we are encouraged to share what we have with others. The love and care for neighbour is divine in nature. The concept of sharing is also not to encourage indolence. The Nigerian constitution authorized funds of the federation to be in a central pool to be distributed; to each according to an agreed formula.  That spirit of cooperation and solidarity had existed among the sub national governments since the First Republic.

NNPC posts daily gas supply of 854.40million standard cubic feet

NNPC posts daily gas supply of 854.40million standard cubic feet

The Nigerian National Petroleum Corporation (NNPC) has announced  the attainment of a two-year record spike in gas supply to power generation, which hits 854.40million Standard Cubic Feet of gas per day (mmscfd) for March 2018, translating to an equivalent power generation of 3,492MW.