Abuja, Nigeria – November 14, 2024The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a significant increase in crude oil and gas production, reaching 1.8 million barrels per day (mbpd) and 7.4 billion standard cubic feet (bscf) of gas. This achievement, part of a broader production recovery strategy, aligns with the mandate set by […]
Tag: NNPC
NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Ltd, has formalized a gas sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. The agreement, which was signed on Tuesday at Dangote’s Corporate Head Office in Falomo, Lagos, represents a pivotal collaboration between NNPC Ltd. and Dangote […]
The $550 million Ubeta Upstream Gas Project, a collaboration between NNPC Ltd. and TotalEnergies, has officially commenced, as confirmed by the Presidency on Tuesday. The announcement was made during the inaugural US-Nigeria Strategic Energy Dialogue hosted by the U.S. State Department in Washington, DC. Special Adviser to the President on Energy, Olu Verheijen, disclosed that […]
Abuja, 16th September 2024 — The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the estimated pump prices for Premium Motor Spirit (PMS), commonly referred to as petrol, sourced from the Dangote Refinery. These estimated prices are for distribution across NNPC’s retail stations nationwide, effective for September 2024. This development comes as a result […]
The Nigeria National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively We wishes to clarify that although there was a slight increase in the price based on the prevailing […]
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