The capacity of the Major Oil Marketers Association of Nigeria (MOMAN) and the Depot and Petroleum Products Marketers Association (DAPPMA) to import petroleum products has continued to weaken as unpaid subsidy claims and matured Letters of Credit (LCs) arising from the old subsidy regime hit $2 billion.
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— Takes over imports — Oil Corporation explains position — Independent marketers abandon 198 depots, tank farms
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The Nigerian National Petroleum Corporation on Wednesday announced that it had re-commissioning its Kano depot so as to boost the supply of petroleum products in the northern region.
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The Nigerian National Petroleum Corporation and its partners have evolved a scheme to grow gas supply for domestic consumption by 285 per cent.
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The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Kacalla Baru has said plans are ongoing to stop importation of Premium Motor Spirit (PMS) to the country.
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The Nigerian National Petroleum Corporation (NNPC) has disclosed that the first batch of the three new gas fired power plants it plans to build in Abuja, Kaduna and Kano with its joint venture partners will be completed by 2019, to boost power generation in the country.
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The Nigerian National Petroleum Corporation (NNPC), on Tuesday disclosed that its Mosimi Depot in Ogun State, has come back into operation a year after pipeline vandals forced it to go offline, and is now loading petroleum products for onward distribution to other parts of the country. The corporation stated that the development would boost supply and distribution of petroleum products […]
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