The National Bureau of Statistics (NBS), said 165.71 million litres of Liquefied Petroleum Gas (LPG) was imported into the country in the second quarter. The NBS disclosed this in its “Petroleum Products Importation and Consumption (Truck Out): LPG (Q2 2018)” report released on Sunday in Abuja. According to the report, April recorded the highest volumes…
By Robert Rapier There are indications that lower gas prices is around the corner. Fall arrives next month. Along with it comes relief from the heat, and usually at the gasoline pump as well. It isn’t simply that demand for gasoline drops after summer driving season. Gasoline is also cheaper to produce after summer, for reasons…
By Energy Worth Members of the Private Depot of Oil and Gas Marketers Association of Nigeria (PDOGMAN) have passed a vote of confidence on President Muhammadu Buhari for ensuring fuel availability, especially during the just celebrated Muslim festivities. Speaking with newsmen over the weekend, the pioneer National President of the Association, Chief (Dr.) Kolawole Adewoyin…
By Energy Worth The United States’ monthly crude oil import from Nigeria has fallen below 3.0 million barrels for the first time in more than two years, dropping by 62%. The decline in the country’s appetite for Nigerian crude followed the upsurge in its production of the commodity. The latest data from the US Energy…
By Energy Worth The Edo State Government has warned owners of illegal structures under and within the statutory right of way of the Transmission Company of Nigeria (TCN) in the state to remove such structures, as the government intends to enforce appropriate sanctions against defaulters. In a statement signed by the Commissioner for Physical Planning…
