FG to settle outstanding gas obligations
By Yunus Yusuf
The Federal Government says it plans to settle all outstanding debts owed to gas producers, including long-standing legacy debts.
Mr Abel Nse, Senior Technical Adviser to the Minister of Petroleum Resources (Gas), disclosed this during a panel session organised by Sahara Group on Friday in Lagos.
The event, with the theme, “Harnessing Gas for Africa’s Sustainable Future”, aimed to foster dialogue around the continent’s energy needs.
Nse stated that President Bola Tinubu had directed relevant ministries and agencies to prioritise the resolution of the debt issue.
“The Federal Government is committed to gradually offsetting the outstanding debts.
“Additionally, we are addressing critical areas such as gas pricing, gas flare penalties, legacy debt, gas infrastructure, supply receivables, and LPG availability, to encourage upstream investment and drive sectoral progress,” Nse said.
He emphasised that the government was working diligently to promote gas utilisation as part of its broader mandate to stimulate domestic commerce and industrialisation.
“It’s a wake-up call for Nigeria to optimise gas resources effectively. Gas has the potential to transform the sector and drive progress,” he added.
On the issue of gas flaring, Nse noted that no upstream operator wanted to tinker with the low incentive costs associated with gas flaring penalties.
“Currently, gas flaring in Nigeria has dropped to less than one per cent, a notable achievement. However, the government cannot finance projects that are not bankable,” he said.
Mrs Ijeoma Isichei, Head of Business Development (Gas) at Sahara Group, described gas as a sustainable and effective bridge fuel.
She emphasised that gas utilisation promotes industrialisation, job creation, and economic growth, while improving access to energy for underserved populations.
Similarly, Mariah Lucciana-Gabriel, Head of Integrated Gas Ventures at Asharami Energy, echoed these sentiments.
She highlighted gas as a cleaner, sustainable energy source, noting that Nigeria possesses commercial volumes of gas capable of supporting industrial development.
“We have enough gas to support Nigeria’s energy transition. It’s crucial that we remain focused to develop an optimal energy mix for the future,” Lucciana-Gabriel said.
She also stressed the importance of Nigeria tailoring its energy solutions to local realities.
Also, Mr Mobolaji Sumonu, Lead, Upstream at Fidelity Bank Plc, raised concerns about the limited investments in the gas sector.
He pointed out that many gas-related projects were not bankable, making it difficult for financial institutions to support them.
“To attract funding, projects must be viable. Insecurity, poor infrastructure, and lack of financing remain key challenges to gas development,” Sumonu noted.
Mr Adeola Yusuf, Lead at Platform Africa, expressed concerns about the strained relationship between operators and the media.
He called for greater mutual understanding and uncensored collaboration.
Yusuf also criticised the government’s slow progress in addressing gas flaring and ensuring domestic access to gas.
“It’s alarming that about 80 per cent of Nigerian women still lack access to domestic gas.
“The government must take gas flaring seriously and impose stricter penalties to avoid losing trillions of Naira in wasted resources,” he said. (NAN)(www.nannews.ng)
Edited by Folasade Adeniran
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Audit report: N210trn yet to be accounted for by NNPCL – Senate
By Kingsley Okoye
The Senate on Thursday clarified that the alleged N210 trillion financial infraction raised against Nigerian National Petroleum Company Limited (NNPCL) in the 2017-2023 audit report had yet to be accounted for by the company.
Chairman, Senate Committee on Public Accounts, Sen. Aliyu Wadada, made the clarification at the resumed hearing of the committee on the 2017-2023 Office of the Auditor-General of the Federation’s audit on expenditure of ministries, departments and agencies (MDAs).
Wadada maintained that NNPCL did not account for the said fund as raised by the reports, contrary to media reports that the money had been stolen by the company.
The News Agency of Nigeria (NAN) reports that the committee had, at the investigative session with management of NNPCL on June 26, directed the company’s Group Chief Executive Officer (GCEO), Bayo Ojulari, to appear before it on July 10.
Ojulari’s appearance, the senate said, was to enable him to account for the fund and answer other queries raised against NNPCL in the audit report.
NAN reports that based on the directive, the committee, at the resumed hearing on Thursday, did not allow NNPCL’s Chief Financial Officer, Mr Dapo Segun, to make any presentation on Ojulari’s behalf.
The NNPCL GCEO was said to have travelled for Organisation of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria.
The committee, via its chairman, therefore, directed Ojulari to appear before it unfailingly on a date to be communicated, to explain the alleged financial infractions and other queries raised against NNPCL.
Wadada, before making the declaration, clarified that the committee did not have anything against anyone in NNPCL, but was only discharging its constitutional duty of making Nigeria work by investigating how public funds were expended by MDAs.
“I don’t have anything against anybody in NNPCL, just as other members of the committee, but we are just carrying out our constitutional mandate of ensuring probity and accountability in the spending of public funds.
“NNPCL, as clearly stated in the audit report of 2017 to 2023, must account for the N210 trillion financial infraction.
“This committee never said NNPCL stole the money but it is requesting it to account for the fund.
“The GCEO of NNPCL must appear before this committee to give account and offer explanation on other queries raised,” he said.
NAN reports that Sen. Abdul Ningi had earlier accused NNPCL of taking the committee for granted with recurring absence of its GCEO from important sessions.
“It is very disturbing and unacceptable for the GCEO of NNPCL to dishonour this committee’s invitation for his appearance again.
“He has never appeared before this committee since his appointment, which is really disturbing.
“Invitation for his appearance before the committee was sent to him before the OPEC meeting.
“As far as we are concerned, he is supposed to use his discretion on where to be here today, which should be before the Senate of the Federal Republic of Nigeria.
“He must appear before this committee as directed,” Ningi said.
Also, Sen. Adams Oshiomhole frowned at NNPCL GCEO’s persistent failure to appear before the committee.
“Nobody is bigger than the country, and anybody who feels so has no business in government.
“NNPCL GCEO should make good use of the window of invitation for appearance being offered him now before the door is shut against him.
“The committee is not appealing but ordering him to appear before it which, in his own interest, must be obeyed,” Oshiomhole said. (NAN)(www.nannews.ng)
Edited by Shuaib Sadiq/’Wale Sadeeq
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NOG: Indigenous companies seek shorter procurement cycle, enabling environment
By Emmanuella Anokam
Some indigenous oil and gas companies are seeking an enabling environment and shorter procurement cycle to actualise more sanctioned projects and quick implementation for economic development.
The companies made this known while speaking with the News Agency of Nigeria (NAN) in Abuja at the just concluded 24th annual Nigeria Oil and Gas (NOG) Energy Week.
The NOG 2025 had its theme as “Accelerating Global Energy Progress through Investment, Partnerships and Innovation’’.
Mr Ayodele Adesina, Business Development Manager, IGPES Group, decried long project procurement cycle being experienced in the sector.
Adesina said that shorter cycle indicated more efficient and cost-effective process.
“The major challenge that I see, which the current administration is working harder to address, is the procurement cycle.
“We need more projects to be sanctioned to spur activities in the industry.
“Once one project is finishing, we need another project that we can roll over so that people can be employed. That can also contribute to the economy,” he said.
According to him, more projects need to be sanctioned.
“There are projects we have been hearing for a long time in the industry, we want these projects to get approved and move forward.
“For instance, Bonga South West is a project that has been in the industry for a very long time, Zabazaba deep-water oil and gas project is another one.
“I am aware that the current government is working to see that these projects come to fruition and become viable projects for participation,’’ he said.
Adesina said that as an indigenous oil and gas company, IGPES had contributed largely to some notable projects, such as NLGN Train Seven and Bonga North oil and gas projects.
He expressed the commitment of IGPES, as well as its readiness and capability to deliver value.
“The conference availed us opportunity to showcase our capability. 99 per cent of our management staff are Nigerians, we employ skilled Nigerians and they are well remunerated.
“We procure items in accordance with the act that requires us to buy things from accredited Nigerian vendors, or companies that have representation in Nigeria where Nigerian vendors are unavailable.
“In a quantifiable manner, we have contributed to Nigerian content, making sure that Nigerians are employed, trained and well represented at the management level and procuring items from Nigeria,’’ he said.
Mr Emmanuel Uwakwe, Technical Sales Representative, Navante Oil and Gas Company Ltd., called for friendly policies and enabling environment to boost indigenous companies.
Unakwe urged the Federal Government to introduce friendly policies and ensure that indigenous companies were given first hand treatment compared to foreign companies.
“The government should look into proper enabling environment for indigenous companies to thrive.
“In terms of engineering, procurement, construction and maintenance, we currently have some facilities operating.
“We have the offshore and landed facility called OML 11/11, we are also into exploration and have our marginal field and about to commence oil exploration by the end of 2025,’’ he said.
Mr Mohammed Zubairu, Regional Manager, Greenville LNG Co. Ltd. described the conference as an avenue for professionals to showcase opportunities.
Zubairu called for enabling environment and infrastructure development, especially in the Liquefied Natural Gas (LNG) space, to spur industrialisation and alternative energy for automobiles.
“We are also rolling out 70 Compressed Natural Gas (CNG) stations nationwide, which will be servicing automobiles, including tricycles, commercial vehicles and trucks that carry fuels.
“Initially there had been fear about the safety of CNG and LNG usage.
“But those fears have been allayed because people are adopting this fuel and can see how reliable and safe CNG is,’’ he said. (NAN)(www.nannews.ng)
Edited by Kadiri Abdulrahman
Edo unveils 50 women mechanics trained in CNG vehicle conversion
By Nefishetu Yakubu
No fewer than 50 women mechanics in Edo have received certification after a specialised training on converting petrol vehicles to Compressed Natural Gas (CNG)-powered vehicles.
The News Agency of Nigeria (NAN) reports the training was sponsored by Mrs Sandra Aguebor, Founder of Lady Mechanic Initiative, National Automotive Design and Development Council (NADDC) and Edo Government.
Speaking at the graduation ceremony on Friday in Benin, Aguebor said the 50 graduates would significantly boost manpower for converting petrol vehicles to environmentally friendly CNG-powered engines.
She said the theme of the event “CNG Conversion: A New Horizon for Women in the Automotive Industry” highlighted women’s expanding role in the male-dominated sector.
Aguebor, Nigeria’s first lady mechanic, said that Edo women mechanics could convert petrol vehicles to CNG following their training and successful graduation from the Lady Mechanic Initiative.
She said that so far, the Lady Mechanic Initiative had trained more than 6,000 women across 20 states, with certified coordinators supporting the programme.
Aguebor explained that the initiative was to empower women and girls, as well as promoting economic prosperity for families, especially vulnerable women in society through skill development.
She added that the initiative also provided mentorship and counselling, further supporting the girl child and encouraging women’s sustained success in mechanics.
“All beneficiaries have been trained and certified as CNG conversion technicians,” she said.
Aguebor commended Gov. Monday Okpebholo and the Federal Government for their vital support and commitment to the women empowerment initiative.
In her remarks, the Minister of Women Affairs, Mrs Imaan Suleiman-Ibrahim, described the event as a historic milestone symbolising bold policies empowering courageous Nigerian women with critical skills and platforms.
She said the graduation was proof that the Renewed Hope Agenda was working, equipping women to actively shape Nigeria’s industrial and energy landscape.
“This programme integrates women centrally into Nigeria’s clean energy transition, not as passive beneficiaries, but as leaders driving innovation and transformation,” the minister said.
Okpebholo, represented by Secretary to the State Government, Umar Ikhilor, commended Edo’s leadership in setting unmatched standards and urged public support for women achieving greatness independently.
“We must celebrate women’s achievements without crediting men; women can succeed solely on their efforts and contributions,” he said.
He said that Edo was empowering women because their participation significantly boosted the state’s GDP when given equal opportunities as men.
Earlier, the Director General, NADDC, Oluwemimo Osanipin, said that the initiative was technically and economically feasible because Nigeria was naturally endowed with abundance of natural gas deposits.
“It is imperative that Nigeria must leverage on its natural gas resource and transform it to an energy that will drive the automotive wheels of Nigeria,’’ Osanipin said. (NAN)(www.nannews.ng)
Edited by Chijioke Okoronkwo
TotalEnergies to unveil new gas field project in Nigeria by 2026
By Emmanuella Anokam
The TotalEnergies Limited says it will unveil its shallow water 70,000 barrels per day (bpd) Ima gas field project in Nigeria by 2026.
The Country Chairman/Managing Director, TotalEnergies Nigeria, Matthieu Bouyer, disclosed this in Abuja at the Nigeria Oil and Gas (NOG) Energy Week 2025.
Speaking at a strategic panel session tagged “Pragmatically Achieving Energy Abundance’’, Bouyer said the project would feed the Nigeria Liquefied Natural Gas (NLNG), one of the largest LNG plants in the world.
Bouyer said the company was committed to increasing oil and gas production in a sustainable manner.
“Ima is another gas-field project offshore, which we intend to unveil in the coming year.
“It is a 70,000 barrels per day field; so that is already 140 barrels per day to accumulate by the two gas projects.
“So that is significant; NLNG is one of the largest plants in the world, and today I think it is starting to get more gas.”
He said the company had been careful of emissions while growing energy.
“We have been investing significantly in the past 15 years in Nigeria with a big project such as Egina, OML 13/2018, Ikike OML 99/2022, and Akpo West OML 130/2009, which we started in 2024.
“And we have been drilling continuously up to this time on our deep offshore in the past two and a half years.
“So, the commitment to the country is undeniable, and we believe in Nigeria, in the resources, in the country, and we believe that there is a great future in Nigeria.
“In 2024, we inaugurated the Ubeta OML 58 project; Ubeta is a significant gas lag field onshore, which will supply gas to Nigeria Liquefied NG, and to the domestic market.’’
The News Agency of Nigeria (NAN) reports that the Ubeta project within the OML 58 concession is designed for processing subsequent export to NLNG and domestic gas parties through the Obite-Ubeta-Rumuji (OUR) or Gas Transmission System -1 (GTS) pipelines.
Bouyer described the Ubeta Field as significant as it would produce more or less 70,000bpd.
He added that its Final Investment Decision (FID) showed a clear demonstration of good rule and regulation in place in the country.
“So, by doing this, we demonstrate the commitment, and we are of course keen to go all over the chain, up to NLNG.
“We have more, and to be able to unlock this more, we need to demonstrate this competitiveness,’’ he said.
He thanked the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), for exhibiting the trust in them.
The managing director said the company had been active in the exploration sphere, and that two years ago made a discovery called ENTPON, an oil discovery which it made on the offshore, and currently progressing and maturing the assessment.
He said it deployed technology to achieve less emission, as it was the first company in Nigeria to stop all routine gas flaring.
Mr Adewale Fayemi, Managing Director, TotalEnergies Renewable DG Nigeria, highlighted the roles of renewables in the future energy mix.
He called for national electrification plans with clear commercial priorities and independent regulators without political obstructions.
Fayemi, represented by Omotayo Hassan, General Manager, Renewables, TotalEnergies Renewable DG Nigeria, said that the firm focused on the off-grid solar power generation.
He called for the creation of enabling business environment.
“We need to have national electrification plans that have clear commercial priorities because that drives investor confidence; the reality is that investors go to places where they can get their money back.
“The regulator has to be independent, without any political influence or political obstruction.
“It is important that the community, gender, young people are interested in the projects that you do because it provides resilience for those projects.
“We need to strongly look at long-term local currency financing. It is a must. Forex issues have always been a problem, and that has to happen.
“Fragmentation chases away investors; so, that is also something that needs to be dealt with,’’ he said. (NAN)(www.nannews.ng)
Edited by Chijioke Okoronkwo