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NIPCO Invests In Cooking GasTo Reduce Deforestation

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NIPCO Plc says it has heightened plots to weaken deforestation rocking various parts of Nigeria with multi-million dollars investments in cooking gas.
The Managing Director of NIPCO, Mr Sanjay Teotia, made this known at the just concluded 8th Annual International Conference and Exhibition organised by the Nigerian Liquefied Petroleum Gas Association (NLPGA) in Abuja.
Teotia said that this was being done through NIPCO’s huge investments in cooking gas sub-sector, adding that NIPCO would back the Federal Government’s desire for cooking gas growth in Nigeria.
He said: “This feat has not only created lots of awareness on the benefits of gas as domestic cooking fuel, but has also served as drawback to deforestation in the country.”
The NIPCO’s chief executive promised continuous and deliberate efforts in “supporting government’s genuine desire to make LPG domestic cooking fuel of choice among the populace”.
Teotia, in a statement by Head, Corporate Communications, Alhaji Taofeek Lawal, said: “We diversified in the gas realm in 2009 with the inauguration of a state-of-the-earth LPG plant in Lagos.
“It has a total storage capacity of 4,800MT spread across three spheres and a three point loading gantry.
“As at the time of its inauguration, it was the biggest LPG storage in the country, thus creating veritable avenue to store gas and distribute effectively with the scores of LPG trucks inaugurated by the company.”
According toTeotia, in 2017 we improved on the storage capacity and other LPG infrastructure in a bid to meet the growing LPG stakeholders’ interest.
“We commissioned the biggest LPG single sphere in Africa with a capacity of 5,600MT.
“We also increased the loading arms in the gantry to five in a bid to ease loading of trucks for onward distribution of the product to all the nooks and crannies of the country.
“Today, NIPCO controls a major share of the LPG market with its massive storage facilities and other infrastructure put in place to aid access to the product by the populace.
“The peerless service being provided by the company has made it depot of choice by many bottling plants and others in the business of LPG.
“The improved storage facility and product reception at the terminal has been a major boost in the effective turnaround of LPG vessels berthing at the Apapa jetty,” he said.
The NIPCO chief said that the company had also gone ahead to empower potential LPG users through donation of gas accessories like cylinders, hose, burners among others, to some communities in Auchi, Edo State; Apapa, Lagos State; and some public schools in Lagos.
According to him, the feat has, not only created lots of awareness on the benefits of gas- as domestic cooking fuel – but has also served as drawback to deforestation in the country.
“In the realm of creating meaningful access to end users, we have inaugurated several adverts on skid plants at the company’s retail stations across the country. This is aside from some dedicated LPG filling stations in some focal markets,” he said.
Also, the Managing Director, Nigeria LNG, Mr Tony Attah, during his visit to the company’s LPG plant said: “I never in my wildest imagination believe that this kind of facility exist in Apapa here.
Attah said: ”I can see also very huge investment that NIPCO has put into upscaling the amount of LPG that they can bring into the country.
“For me, that is the real game changer.
“We are committed to continue to support NIPCO and indeed Nigeria to bring about the positive change in terms of energy availability for Nigeria.”

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Nigeria Petitions OPEC+, Demands Quota Increase

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The Minister of State for Petroleum Resources, Timipre Sylva, said he has petitioned the Organization of the Petroleum Exporting Countries and its partners known as OPEC+ for an increased oil production quota for Nigeria.
Sylvia revealed this at the Gastech 2021 conference in Dubai, according to S&P Global Platts.
According to him, the country already wrote the group for an increment in its quota.
He said: “We’ve put request on the table, and we expect that to be looked at.
“We have capacity for more production than we are producing right now. Unfortunately, we are constrained by the quota.”
The Minister said the country’s full production capacity of about 2.2 million barrels per day should be reflected in a revised quota, saying that the country’s production struggles is due to technical problems from re-tapping reservoirs that had been shut to comply with the stringent OPEC+ cuts of the past 17 months, adding that production struggles would soon be fixed.
He said output could rebound to around 1.7 million barrels per day by November and two million barrels per day by the end of the year.
“We had some issues from shutting down the reservoirs,” he was quoted as saying by S&P Global Platts.
“When you shut down a reservoir, to restart it, sometimes there are challenges,” he added.

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Content Policy Saves $2bn In NLNG Train 7

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Nigeria was saved the sum of $2 billion dollars from the ongoing Train 7 of the Nigeria liquefied Natural Gas (NLNG) project as a result of using Nigerian firms, says the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote
Wabote, stated this last Friday, shortly after receiving the award of African Local Content Icon, from the African Leadership magazine, in Yenagoa.
The NCDMB Executive Secretary, who dismissed the assertion that the Nigerian content policy was costly, and a ploy by foreign interests who do not wish the country to develop, described the claim as blackmail, because experience had shown that the policy was more cost effective for oil firms.
“The Nigerian content policy saves costs, from the projects that the NCDMB have supervised it is clear that it is better for the International Operating Companies in Nigeria, but foreign interests at global levels erroneously say that local content is expensive.
“Before the move to increase the participation of Nigerians in the oil and gas sector, the participation was at about three per cent and previous administrations relied mostly on taxes and revenue and lost sight of the opportunities for Nigerians to get involved in the sector.
“From the oil sector where I am coming from, it is five times more expensive to pay an expatriate than a Nigerian, so how can they say that local content is more expensive ?
“ On the Train 7 project if you look at the cost provided by foreign companies, you have a wide gap of about $ 2 billion from the quotations of the lowest submitted by foreign firms and the highest from Nigerian companies, so local content is better as we ensured that quality was not compromised.
“From 2010 till now, we have come a long way, for instance NLNG had 90 per cent of the workforce as expatriates, but today 90 per cent of the workers are Nigerians with some even occupying top positions in foreign oil firms.
“I am thankful to President Muhamadu Buhari, who gave me the opportunity to practice local content in the public sector, by appointing me in 2016 and reappointing me in 2020,” Wabote said.
On the African Local Content Icon Award bestowed on him, Wabote said that it came to him as a ‘pleasant surprise’ adding that the ideals of the African Leadership Magazine justified his decision to accept the award.
Speaking earlier, the Managing Editor of the African Leadership Magazine, Mr Kingsley Okeke, noted that the process leading to the selection was transparent and independently conducted with nominations received from across the African continent.
“We found in the accomplishment and achievements of the Executive Secretary of the NCDM, a worthy character we must encourage and export to the rest of Africa.
“Our focus at the magazine is to spotlight the positive developments in the African continent and change the narrative and stereotypes by western media,” he said.
The Tide source reports that the African Local Content Icon Award was presented by Mrs Laura Hall, President-elect of the National Black Caucus in the U.S congress, at the headquarters of the NCDMB in Yenagoa.
Hall said that blacks in the United States, represented by the Black Caucus, also have a similar challenge with building local capacity to compete with their white counterparts in executing contracts in the U.S.
She said the caucus would collaborate and share ideas with the NCDMB on ways to increase the capacities of blacks in the U.S.

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HOMEF Frowns At PIA Non-Commitment To End Gas Flaring

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The Health of Mother Earth Foundation. HOMEF, has expressed displeasure that the Petroleum Industry Act is not definite about ending gas flaring regime in the country.
Executive Director, HOMEF, Rev Nnimmo Bassey, said the Act creates numerous provisions for operators to continue flaring gas unchecked, as it gives power to the Commission to grant operators a permit to flare gas.
Bassey lamented that such permits could easily be abused and turned into a license for unchecked and perpetual environmental and health damage to communities (as has been done previously).
“The Act also does not state the timeframe allowed for flaring in the case of facility start up or for strategic operational reasons
“While the PIA makes the flaring of gas illegal, it nonetheless creates a series of exemptions which ensures that the same gas flare regime continues literarily unchecked.
“The Act identifies instances where gas flaring may be permitted. These include (a) in the case of an emergency; (b) pursuant to an exemption granted by the Commission; or (c) as an acceptable safety practice under established regulations.
“It goes further to clarify that the Authority or Commission may grant a permit to a Licensee or Lessee to allow the flaring or venting of natural gas for a specific period –
(a) where it is required for facility start-up; or
(b) for strategic operational reasons, including testing.
“The section however does not provide an explanation of what ‘strategic operational reasons’ are beyond testing. It also does not state the timeframe allowed for flaring in the case of facility start up or for strategic operational reasons. These provisions could be easily abused and turned into a license for unchecked and perpetual environmental and health damage to communities (as has been done previously).”
HOMEF maintained that to end gas flaring, offenders should be made to pay the full economic cost of the flared gas based on the prevalent market price of gas, as well as the related health and environmental costs.
The environmental rights group also said that the Act does not appear to consider Nigeria’s climate change pledges as contained in the nation’s Nationally Determined Contributions.

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