You Are Browsing ‘Gas’ Category

Gas flaring in the Niger Delta The global liquefied natural gas (LNG) market continues to expand and transform as the volume of LNG traded globally keeps rising and new and existing players enter the market or expand LNG activity. In 2010, the volume of LNG traded globally hit 223.8 million tones/annum (MMtpa),...

Top global miner BHP Billiton will buy gas producer, Petrohawk Energy Corp. for $12.1 billion, ramping up its bets on the booming but environmentally controversial shale gas industry. The agreed all-cash deal is pitched at a rich 65 percent premium to Petrohawk’s last-traded share price and follows BHP’s $4.75 billion purchase of Chesapeake Energy’s interest...

By Clara Nwachukwu The Nigerian Gas Association, NGA, has unveiled its maiden Learning Solutions Programme for capacity building of professionals in the industry. The association explained at the launch of the progrmme in Lagos recently that the framework for the learning solutions took over two years to develop, as the NGA worked closely with the industry through its...

Germany will increase its involvement in Nigeria’s liquefied natural gas, LNG industry, Chancellor Angela Merkel said last week Thursday, as Africa’s most populous nation looks to take advantage of its vast gas reserves. Nigeria, with the world’s eighth-largest gas reserves, has one of the world’s biggest LNG plants on Bonny Island in the onshore...

YEMIE ADEOYE Gas plant with axial on-off valves Gas producers in Africa have continued to shore up their investment even as European countries continue to seek new measures at forcing down dependency on Russian gas. African producers are increasing investments in gas projects as Europe seeks to reduce its dependence on Russia, which accounts for a fifth of its supply of...

PORT HARCOURT: AN urgent appeal has gone to the federal government and the international community to come up with measures to end gas flaring in the country. Speaking during a forum of National Coalition on Gas Flaring and Oil Spills in the Niger Delta (NACGOND) participants noted that the increase in oil production in the region brought about by the federal government’s...

Yemie ADEOYE Trans-Sahara gas pipeline running through Nigeria and Algeria PRESIDENT Goodluck Jonathan has announced that the 20 billion dollars Nigeria-Algeria gas pipeline project would now be completed by 2015, even as he also seeks tax regime on goods imported into Africa . The President spoke while presenting Nigeria ’s debate on mobilizing resources for funding...