Category Archives: downstream sector

PENGASSAN shuts Kaduna refinery, disrupts supply of petrol

PENGASSAN shuts Kaduna refinery, disrupts supply of petrol
The Kaduna Refining and Petrochemicals Company (KRPC) has been shut down in the aftermath of the strike embarked upon by the Petroleum and Natural Gas Senior Staff Association (PENGASSAN),Leadership reports. It was gathered yesterday that the shutdown expectedly paralysed supply of Premium Motor Spirit (petrol) as depot officials were not on ground to attend to…
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Angry motorists threaten to shutdown NIPCO’s CNG stations

Angry motorists threaten to shutdown NIPCO’s CNG stations
Barely a few weeks after NIPCO Plc reopened its seven Compressed Natural Gas (CNG) filling stations in Benin, Edo State, after they were shutdown for several days by aggrieved motorists in protest against the hike in price of gas, the motorists are threatening a fresh showdown with the company, ThisDay reports. Over 4,000 motorists, who use CNG…
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Petrol marketers face fresh hurdles over $950m debt

Petrol marketers face fresh hurdles over $950m debt
Uncertainty is looming over the supply of petroleum products for local consumption in the country as some banks overseas have suspended short and medium-term credit lines to their Nigerian counterparts due to the inability of marketers to pay matured foreign currency obligations of over $950 million, The Guardian reports. It was discovered that unless the…
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EIA report for Integrated Oil refinery underway

EIA report for Integrated Oil refinery underway
The project officer of the 20,000 barrels per day modular refinery being planned by Integrated Oil and Gas Limited, Mr. Tayo Ogunbanjo, has said that the Environment Impact Assessment (EIA) report for the project will be ready soon, ThisDay reports. This followed the recent successful environmental screening meeting between the Environment Unit of the Department of Petroleum…
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