Eland Gets Go-Ahead for OML 40 Operatorship

Junior energy firm Eland Oil & Gas reported Monday that its Nigerian joint venture company has received consent from the Department of Petroleum Resources (DPR) to operate the OML 40 license, onshore Nigeria. 

Alison-Madueke Pledges aggressive implementation of Gas-to-Power Initiatives As NPDC/Seplat JV Invest $200m on Azura-Edo IPP Gas Infrastructure

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has committed to an aggressive and robust implementation of the various initiatives designed to accelerate the provision of adequate gas supply for power generation in line with the Federal Government’s aspiration for the power sector.

The Minister who recently announced the N213bn inter-agency initiative to facilitate the liquidation of legacy gas debts in the power sector stated that the Nigerian National Petroleum Corporation alongside its Joint Venture Partners are determined to surpass its mandate of providing the required fuel gas as well as gas infrastructure for the smooth operation of power plants in the country.