Browsing Tag
Energy Policy
3 posts
Nigeria Lost $1.5 Billion to Gas Flaring in 2024, Says German Envoy
German Ambassador Annett Günther reported that Nigeria flared 5.3 billion cubic metres of gas in 2024, costing the nation $1.5 billion, while outlining new initiatives to repurpose this waste for economic growth.
OPEC+ Increases Oil Quotas as Regional Tensions Ease
Seven OPEC+ nations are raising oil production quotas by 188,000 barrels per day beginning in August 2026 as shipping through the Strait of Hormuz recovers.
NMDPRA Plans Import Permits to Tackle LPG Supply Shortfall
The NMDPRA aims to stabilize domestic LPG prices and bridge a projected 165,000-metric-tonne supply gap by issuing import permits and redirecting exported gas back to local markets.