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Nigeria Natural Gas Prices News is an EIN News Service for energy industry professionals. Constantly updated news and information about Nigeria Energy.
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Latest Nigeria Natural Gas Prices News

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  • Nigeria sliding into resource nationalism with new petroleum law 2 Nov 2009 02:14 GMT
    ... oil companies (IOC’s) oppose, would significantly tighten Nigeria’s hydrocarbon fiscal regime, making it one of ... 50% local content be used on liquefied natural gas (LNG) facilities, 90% local content on the ... and 0% - 25% based on the price of oil. This change introduces significant uncertainties ...

  • MARKET WATCH: Crude price rallies above $80/bbl 5 Nov 2009 19:03 GMT
    ... MARKET WATCH: Crude price rallies above $80/bbl -- Oil prices continued ... to see a rush to bring the Nigerian crude capacity back on line.” Overall, Jakob ... month of October since 1995.” The front-month natural gas price continued to fall Nov. 4 in ...

  • Total profits hit by falling oil price 4 Nov 2009 10:11 GMT
    ... Total profits hit by falling oil price Published: November 4 2009 09:35 | Last ... the increase came from additional volumes of natural gas, which is generally less profitable than oil. ... to the ramp up of Akpo in Nigeria and Tahiti in the Gulf of Mexico ...

  • Low oil prices hit Total profits 4 Nov 2009 11:30 GMT
    ... Total has blamed lower oil prices and tight refining margins for a 54% ... for this year; the Akpo oilfield off Nigeria, liquefied natural gas plants in Qatar, the Tahiti field ...

  • Plan for Deregulation Falters Yet Again [analysis] 3 Nov 2009 05:33 GMT
    ... deregulation of the downstream petroleum sub-sector in Nigeria has faltered yet again with indications that ... the common man should note that the price of diesel on which large commercial buses ... unions, the National Union of Petroleum and Natural Gas Workers (NUPENG) and its Petroleum and Natural ...

  • Peak oil review - Nov 2 2 Nov 2009 11:16 GMT
    ... is only one component of the recent price move, are back to blaming speculators and ... some of the huge increase in liquefied natural gas (LNG) supplies as the world's biggest LNG ... will fight any possible efforts by the Nigerian government to hand control of its oil ...

  • The modern scramble for Africa 6 Nov 2009 08:10 GMT
    ... world levels. Many economists expect the oil price to soar again. But ordinary Africans will ... of Guinea, stretching from Ivory Coast, Ghana, Nigeria, Gabon and to Angola – is home ... decades and now has plans to pipe natural gas to Europe across the Sahara desert. Ghana, ...

  • Deregulation: Don't deregulate social upheaval, labour leaders warn Yar'Adua 7 Nov 2009 00:02 GMT
    ... set by organised labour and other concerned Nigerians before he could make such a declarative ... of the National Union of Petroleum and Natural Gas Workers (NUPENG), Comrade Peter Akpatason, urged the ... availability of products and eventually, may be price reduction. But this is only if there ...

  • We think BG Group will deliver attractive returns 6 Nov 2009 12:18 GMT
    ... earnings in an environment of falling commodity prices. However, management's update on the company's key ... Narrow BG Group's early entry into liquefied natural gas (LNG) made it a leading global ... investing in production and LNG facilities in Nigeria, which has seen more than its share ...

  • Yar'Adua won't budge on petroleum industry deregulation 6 Nov 2009 13:32 GMT
    ... National Assembly, was aimed at repositioning the Nigerian National Petroleum Corporation (NNPC) to become a ... He said: “At the beginning maybe the price will be high but this competition is ... are now bringing on stream the compressed natural gas system, it will provide the products that ...

  • Yar'Adua - No Going Back On Deregulation 6 Nov 2009 14:14 GMT
    ... National Assembly, was aimed at repositioning the Nigerian National Petroleum Corporation (NNPC) to become a ... He said: "At the beginning maybe the price will be high but this competition is ... are now bringing on stream the compressed natural gas system, it will provide the products that ...

  • Commentary: Oil & Money Conference'What the CEOs and VPs are Saying 2 Nov 2009 12:37 GMT
    ... climate change decisions and project investments on prices and supplies over the next few years. ... said that among the reasons for extreme price volatility during 2008 is “…the peak oil ... African production is climbing very steadily, but Nigeria is declining; in North Africa, Libya has increased but ...

  • Research and Markets: Forecasts Reveal That South Africa Will Account For 14.41% of African Regional Oil Demand By 2013 6 Nov 2009 15:48 GMT
    ... has the greatest production growth potential, with Nigerian exports set to soar if it can ... resolve recent quasipolitical issues. In terms of natural gas, the region in 2008 consumed 115bcm, with ... are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), a 41.5% ...

  • Research and Markets: Forecasts Reveal That South Africa Will Account For 14.41% of African Regional Oil Demand By 2013 (BIZ) 6 Nov 2009 15:52 GMT
    ... has the greatest production growth potential, with Nigerian exports set to soar if it can ... resolve recent quasipolitical issues. In terms of natural gas, the region in 2008 consumed 115bcm, with ... we are now assuming an average basket price of US$55.00 per barrel (bbl), a 41.5% ...

  • Trouble flares in Niger D 3 Nov 2009 01:34 GMT
    ... from flares - fuelled by the waste natural gas from crude production - are the only ... only lights visible across vast stretches of Nigeria’s oil region, where many settlements are starved ... only after it offered to pay a price far higher than the government tariff. Many ...


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