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Fuel Scarcity: Any Hope In Sight?

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As the current fuel scarcity
which is causing untold hardship to Nigerians lingers, most citizens look up to God amidst contradictory rhetorics from appropriate quarters and ask: when will this seemingly unending suffering come to pass?
In the word of Mrs Dema Ogba, a director of NEDAL Oil Company Limited, “before this present down-turn, one good credit to the present administration led by President Goodluck Jonathan, which the critics of his administration could not take away from him, is his ability to win the battle against scarcity of fuel which had been the albatross of past administrations.” The director who expressed regret at the ugly situation urged the oil marketers, the government and other major stakeholders in the sector to expedite actions towards restoring normalcy.
In Abuja, Kano, Sokoto, Lagos, Enugu and even down to Port Harcourt, the oil city, the story remains the same: That long queues have remained unabated at the filling stations selling fuel, thereby forcing innocent Nigerians towards the black market where the price of a litre of fuel has jumped from the official pump price of N97 to N200.
The harsh situation, Chief Akpangbo Christopher noted, “has drawn out the worst from some unpatriotic Nigerians who are taking undue advantage to hike price, hoard the product and the next stage now would be to start mixing solutions with little fuel for money, and you know the resultant danger; explosion.
From Okehi, the Etche Local Government Council headquarters, to Mile III Park in Port Harcourt that used to cost N300.00 commercial drivers now charge N350.00 and above. From Mile III Park to Lagos Bus Stop that normally takes N50.00 is now going for N100.00 and such fare increase is noticeable in many other routes across the country.
Market women who bear the brunt of increased fare told The Tide that they have no option than to increase prices of their commodities to meet the situation and make profit.
Mr Yusuf Adedayo, a commercial driver in Ibadan said I have been queuing for fuel since 9.00am and only got fuel at 2.00pm at N120 per litre. How can I make profit when I charge the same fare?
Udochukwu Nnadi, a black marketer, however is happy with the scarcity. “It is good business because many people who can’t buy from the petrol stations have no option than to patronise us. I sell at N200 per litre and when I observe that you belong to the top class, I sell at N250.00 per litre.” Nnadi disclosed that he has made real money within the past two weeks and prays that the scarcity should last longer.”
The black marketer also said they work together with the filling station attendants such that they always have supply since they also benefit from the deal.
Irked by the unpatriotic activities of some marketers who resorted to adjustment of metres and hoarding of products, the Rivers State Commissioner for Energy, Hon. Okey Amadi sealed two filling stations belonging to Oando and Conoil.
Amadi explained that normal supply still comes from the refinery and private tank farms and blamed the situation on dubious marketers who were worsening the situation by hoarding, selling above official pump price and tampering with their metres.
The commissioner advised residents of the state against panic-buying and stressed the inherent danger in hoarding petrol in our homes.
“If you hoard petrol in your homes so that you will make more money in a period of anticipated high price, the danger is that the product can cause fire outbreak that also goes with loss of lives and property.”
The cause of the scarcity is shrouded in secrecy as there has not been a clear explanation so far.
It was widely suspected that National Union of Petroleum and National Gas Workers (NUPENG) was behind the scarcity. But authorities of NUPENG quickly cleared the case last week when the union said it has no hand in the scarcity.
NUPENG said it has a case with some oil multinationals over quota and casual workers and was picketing the multinationals.
However, Comrade Godwin Eruba, chairman of NUPENG in the South-South Zone suspected that the scarcity could be as a result of the federal government not renewing licensing issues with the marketers, hence they could not import the product as at when due.
Eruba had pleaded with the government authorities to expedite actions so that the licence controversy could be resolved and petrol imported into the country to enable Nigerians get enough for their use.
Reports also said that the Department of Petroleum Resources (DPR) had attributed the current fuel scarcity across the country to the non-renewal of contracts of some independent marketers to import the product.
According to a source, the Zonal Operational Controller of DPR in Abuja, Mr Aliyu Halidu, who represents his director at the budget defence session before the Senate Committee on Petroleum (Downstream), the non-payment of subsidy fund to the marketers by the government had also hindered the importation of product, resulting in shortage in supply.
Halidu was reported to have urged the lawmakers to expedite action on the process of legislating on bunkering, in addition to resuscitating other laws which could facilitate elimination of illegal bunkering from the system.
He also urged the Senate to expedite action on the passage of the Petroleum Industry Bill (PIB) to help strengthen the DPR’s regulatory powers, according to the report.
But surprisingly, DPR authorities came up with a refutal denying claims that it attributed the current fuel scarcity to delays in the signing of contract for importation of petroleum products.
A statement issued by the Zonal Operational Controller, Mr Aliyu Halidu in Abuja office of DPR said that the agency did not discuss any issue of contract signing or illegal bunkering during the budget defence before the Senate Committee on Petroleum Resources (Downstream).
“The issue of renewal of contracts for the importation of petroleum was never discussed during the budget defence before the committee because we are not in the position to say that.”
The issue is not whether DPR authorities chose to swallow their vomit when the heat from above came up, or not, but that acute fuel shortage hit the nation and DPR should advance a convincing reason if actually they should earn their monthly pay.
The Petroleum Products Pricing Regulatory Agency (PPRA) said the reappearance of long queues at filling stations across the country is artificial and uncalled for.
The PPRA spokesperson, Mr Lanre Oladele told newsmen in Abuja that there was no basis for the scarcity currently being experienced adding that there was enough stock to keep the country going for days and that with the release of allocation of licences to marketers for the first quarter of 2014, there was no reason for the fuel scarcity.
He particularly described the claim that the scarcity was due to the delay in the release of import allocation to marketers as false and unfounded and stressed that the last allocation was enough to sustain the market till when the next allocation would be released.
But to some Nigerians, the allegations and contradictory rhetorics do not solve the nation’s practical challenges. Mrs Nkiru Emecheta, a student of the University of Science and Technology, Port Harcourt advised that “stakeholders should still continue to hide their secrets but find solutions to the embarrassing petroleum scarcity which they know to be real.”
There have been calls for transparency in the nation’s oil sector where most of the activities are shrouded in official secrecy.
The International Monetary Fund (IMF) in its concluding statement of the 2014 Articles IV Consultative Discussion of February 21, 2014, urged Nigeria not only to strengthen transparency and governance of its oil sector but also to advance policies that could focus on rebuilding external and fiscal buffers.
IMF forecast that the nation’s economic growth will accelerate this year to 7.3 per cent, motivated by sectors outside oil and energy industry which accounts for more than 90 per cent of the nation’s revenue.
Respite appears to have come as the federal government a couple of days ago announced that enough products have been imported into the country giving assurance that before the last weekend, there would be petrol across the nation.
But PENGASSAN industrial relations office dismissed the federal government assurances, saying even if there is fuel in all the depots across the nation, it will still take about more than two weeks to get the product to the filling stations in different parts of Nigeria.
“I’ve not seen the situation normalising before two weeks because if today there is fuel in all the depots, before they start loading and start distributing and off loading at all filling stations, I think it will take about two weeks.
PENGASSAN attributed the scarcity to delay in supply and urged Nigerians to avoid panic-buying because of its attendant dangers.

 

NNPC Mega Station in Abuja.

NNPC Mega Station in Abuja.

Chris Oluoh

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OML18: NNPC, Sahara Launch 2.2m-Barrel Floating Vessel

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The Nigerian National Petroleum Company Limited (NNPCL), Sahara Group, Eroton Exploration & Production Company, and Bilton Energy Limited have jointly commissioned the nation’s first wholly owned 2.2-million-barrel capacity Floating Storage and Offloading (FSO) vessel.
The vessel, named Cawthorne, is designed to drive sustained oil production, enhance crude export reliability, and bolster Nigeria’s energy security and sustainability.
A statement signed by the Head of Corporate Communications at Sahara Group Ltd, Bethel Obioma, stated that the vessel is Nigeria’s first Crude Oil Terminal to be commissioned in 50 years.
Christened Cawthorne, the Floating Storage and Offloading (FSO) Terminal is designed to enhance crude evacuation from Nigeria’s OML 18 and nearby assets, the statement added.
This achievement, according to Udobong Ntia, EVP Upstream, NNPC, who represented the NNPC GCEO, Bashir Ojulari, at the commissioning, “is another bold achievement from the partnership between NNPC and its JV Partners that would guarantee seamless operations and bolster the strategic targets set by the President, Asiwaju Bola Ahmed Tinubu, towards ensuring optimised upstream production in Nigeria.”
Located at offshore Bonny, the double-hull FSO vessel with a storage capacity of 2.2 million barrels, represents a bold step forward in strengthening Nigeria’s crude export infrastructure and operational resilience.
NNPC Chief Upstream Investment Officer, Seyi Omotola, said the vessel represents a “renewed hope” for Nigeria’s upstream sector, adding that it also reaffirms the growing capacity of the nation to make its energy sector globally competitive.
The Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe,who was represented by the Executive Commissioner, Development and Production, at the commission, Enorense Amadasu, said: “This is a commendable achievement that aligns with the vision of the NUPRC towards accelerating production in the nation, reliably, seamlessly and sustainably.”
Amadasu added that the Cawthorne FSO will enhance Nigeria’s export reliability and contribute to a more stable global energy supply chain. “This is a critical step toward unlocking the full potential of OML 18 and other strategic assets in the region.”
Managing Director, Niger Delta Exploration and Production Offshore Limited (NEOL), Ibiyemi Asaolu, said “This milestone showcases what is possible when innovation, collaboration, and execution excellence align. With FSO Cawthorne, we are not only securing production continuity from OML 18 but also contributing to Nigeria’s long-term energy infrastructure and revenue stability.”
On his part, the Head, Commercial and Planning, Asharami Energy (a Sahara Group Upstream Company), Dr. Tosin Etomi, said “The Cawthorne FSO stands as a symbol of innovation meeting necessity. It is not just a vessel, it’s an assurance of continuity, reliability, and value creation for our partners, our nation, and our people”.
“This collaboration with the NNPC, NUPRC and other stakeholders embodies the drive to turn complex energy challenges into sustainable solutions that power progress across Africa.”
Etomi said the ultramodern vessel is fitted with digital capabilities that make it a vessel “built for the future, driving operational flexibility, reduction in carbon exposure from barge movements, and enhancing overall evacuation safety. It’s an investment in the resilience of the upstream sector and our environment.”
“The commissioning of FSO Cawthorne reaffirms Sahara Group’s and indeed OML 18 Partners’ commitment to powering progress responsibly through partnerships, innovation, and infrastructure that strengthen Africa’s energy independence”, he stated.
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Space-Based Solar Power Finally Ready to Shine?

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Scientists have dreamed of putting solar panels in outer space since the late 1960s, and have known that space-based solar power was technologically feasible since the 1970s. But the true race for space-based solar has only just begun, driven by the intensifying need to produce more electricity to meet rapidly growing energy demand. As more of the world becomes electrified, big data and AI become omnipresent, and decarbonization deadlines draw closer, innovative energy solutions are needed more than ever. As a result, space-based solar power is finally ready for its day in the sun.
This nascent technology employs enormous satellites to collect high-intensity sunlight and beam it down to Earth, either through microwaves or lasers. A receptor on Earth receives that energy and converts it into electricity to be fed into the grid. This energy would be dispatchable, as satellites would have gargantuan range and could flexibly beam energy to where the demand is greatest.
The production potential of space-based solar power is enormous. Because the panels are situated beyond clouds and the atmosphere, and are not impacted by the rotation of the earth, they receive high levels of unadulterated sunlight 24 hours a day, 7 days a week. As a result, these systems are capable of producing a potentially game-changing amount of clean energy.
According to calculations by researchers from King’s College London, space-based solar power could reduce Europe’s need for land-based renewable energy by as much as 80 percent, and reduce battery-based energy storage needs by more than two-thirds. The kicker? It would reduce the cost of Europe’s energy system by as much as 15 percent. The researchers found that the associated savings in terms “energy generation, storage and network infrastructure costs” would save an estimated 35.9 billion euros (41.7 U.S. Dollars) per year.
The higher energy density of space-based solar means that energy systems would need far fewer costly resources. Such a system “requires orders of magnitude fewer critical minerals to provide the same continuous power as a terrestrial solution with large-scale energy storage,” reads a recent article from the World Economic Forum. “This offers a more sustainable path, alleviating the strain on resources that the International Energy Agency (IEA) has identified as a key challenge,” the report continues.
Critically, these systems would also require far, far less land than Earthbound solar farms. Not only would we be outsourcing solar panels to outer space, the receptors that receive the solar energy here on Earth would be relatively small and mostly transparent, meaning that they would be well-suited to mixed-use spaces. This would alleviate intensifying issues of land scarcity faced by utility-scale renewable energies.
As the considerable benefits of space-based solar gain more attention, investment in their development has ramped up considerably. Labs in the United States, the United Kingdom, China, Japan, Europe, and other locations around the globe are all accelerating their research programs to advance space-based solar power, and high-profile private investors are now joining the trend as well. Big tech bigwig Baiju Bhatt, a co-founder of Robin Hood, launched the space solar startup called Aetherflux last year.
But space-based solar power still faces some key hurdles before it can be scaled for commercial use. The most significant of these, according to the World Economic Forum, is the way that private finance is structured around early-stage startups and not long-term infrastructure projects. While space-based solar power will be a big money saver in the long term, it will not provide quick or necessarily predictable returns on investment.
For this reason, startups are looking to government contracts to get space-based solar power off the ground. “We think that the military customer is large enough — and for lack of better word, difficult enough — of a customer that if we can serve, we can build a constellation and we can be at scale, Christian Garcia, managing partner at Breakthrough Energy Ventures, one of Aetherflux’s backers, told CNBC. “And at that point, we will have dropped the cost of the technology such that we can expand into other customers.”
By: Haley Zaremba
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Aide, Others Laud Gov. Diri Over ‘Light Up Bayelsa’ Project 

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Bayelsa State governor, Senator Douye Diri has again been commended for his visionary leadership and unrelenting initiatives and effort in providing stable power supply in the state.
The Technical Adviser on Media and Public Affairs, to the governor, Hon.Wisdom Ikuli, made the commendation while conducting  Newsmen on a tour of the ongoing installation of the new Gas firedTurbine project procured by the Governor Diri-led administration.
Describing the ongoing project tagged: ‘Light Up Bayelsa’ as a lofty socioeconomic initiative, Ikuli noted that the project, upon its completion, would be a boost to the economic potentials of the state as well as upscale the living conditions of citizens and residents of the state.
“God’s willing by December 2025 as promised by the governor, Bayelsa would begin to enjoy 24-hour uninterrupted power supply. It will herald the industrialisation agenda of His Excellency, Governor Douye Diri.
“You all know that in January this year, this place was a bush and swampy. But between January and now, you can see the tremendous progress made. The power project Governor Diri promised before the end of this year is gradually becoming a reality.
“This project would trigger a multiplier effect on the economy of our State. It will attract investors, and revive dormant businesses across the state. Every businessman wants to locate where there is power. People will relocate from neighbouring states to Bayelsa. The hospitality sector will boom, and we must continue to thank the miracle governor for keeping to his word,” he said.
The governor’s Aide restated that while power would not be free, the cost would be affordable compared to what residents currently spend on diesel, fuel, and solar energy, noting that the gas that would be used for power generation would be bought by the Bayelsa electricity Company Ltd (BECL).
“What we will pay for power is insignificant compared to how much we spend daily on fuel or solar panels. Light is life, and Governor Douye Diri has come to give us light, and a new life. Governor Diri is the ‘Light’ of Bayelsa State and the entire Ijaw nation”, the governor’s aide said.
Also speaking, the Director of Operations, BECL, Engr. Steve Bubagha, said the project, which is about 85 percent completion would soon be set for inauguration, disclosing that six of the eight newly procured gas turbines had already arrived the state, with the remaining two en route Yenagoa, the state capital, in the coming days.
“Virtually every nook and cranny of Yenagoa will benefit from this project. We’re at an advanced stage, about 85% done with the electrical reticulation and 33kV network. Once the installation and pre-commissioning processes are completed, power distribution will begin immediately. Government plans to introduce metering systems to ensure transparency and efficiency in billing.
“If the governor has gone this far to make sure this project is installed in Yenagoa, it means he will also ensure that meters are available. It is even with meters that people can truly enjoy the facility,” he said.
By: Ariwera Ibibo-Howells, Yenagoa
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