All publications by tag «NIGERIA»
2020, March, 16, 10:20:00
AFRICA HOPES FOR GAS
Africa hopes to exploit its 509.6 Tft3 of proven natural gas reserves, which amount to nearly 7.3% of global total reserves of 6,951.8 Tft3.
2020, February, 19, 11:05:00
NIGERIA'S GDP GROWTH 2%
Nigeria's GDP growth forecast for 2020 was revised down to 2 percent to reflect the impact of lower international oil prices. Inflation is expected to pick up, while deteriorating terms of trade and capital outflows will weaken the country’s external position.
2020, January, 27, 14:30:00
NIGERIA'S GAS PIPELINE INVESTMENT $2.5 BLN
Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.
2019, December, 30, 11:05:00
NIGERIA'S LNG WILL UP 35%
The project, expected to start up in 2024, will increase Nigeria's LNG output capacity by 35% from current levels of 22.5 million mt per year to over 30 million mt per year, NLNG said.
2019, December, 27, 10:20:00
NIGERIA'S STAKE WILL UP TO 60%
The Nigerian National Petroleum Corporation (NNPC) has a 20%stake in the plant some 60 miles (100 km) southeast of Lagos.
2019, October, 11, 11:35:00
NIGERIA'S OIL PRODUCTION 1.774 MBD
Nigeria's allocation was increased to 1.774 million barrels per day (bpd) from 1.685 million bpd at the last OPEC meeting in July,
2019, October, 11, 11:30:00
NIGERIA WANTS $62 BLN
Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
2019, October, 11, 11:25:00
NIGERIA'S GDP UP 2.3%
Growth is expected to pick up to 2.3 percent this year on the strength of a continuing recovery in the oil sector and the regaining of momentum in agriculture following a good harvest.
2019, September, 2, 12:35:00
DANGEROUS NIGERIA'S OIL
Nigeria lost about 22 million barrels of its crude oil production to theft in the first half of this year, Nigerian National Petroleum Corp. said
2019, August, 26, 15:25:00
NIGERIA'S OIL PRODUCTION UP TO 2.2 MBD
Nigeria's oil production hovered around 2.2 million b/d in the first week of August, compared with around 1.92 million b/d a year ago.