Week 62: Natural Gas Report

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Week 62: Natural Gas Report


The Petroleum Resources Department (DPR) says 86 gas cooking plants in the State of Lagos have been shut down in 2020 for illegal operation.

For failure to meet international standards of safety, the gas dispensing plants have been shut down. The plants also operated without the DPR's regulatory agency's necessary approval or licence. They also work in high voltage power plants and other unapproved areas.

DPR will continue to struggle against such illegal plants while at the same time raising public awareness of the need for safe gas consumption and distribution.


Eni announced that it has completed the agreement signed last December with the Arab Republic of Egypt (ARE), the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS). The Spanish company Naturgy to restart the Damietta liquefaction plant in Egypt, settle Union Fenosa Gas and SEGAS's outstanding disputes with EGAS and ARE, and effect a corpora agreement.

The SEGAS-owned liquefaction facility, which has a capacity of 7.56 billion cubic meters per year and has been idle since November 2012, has reopened. The first LNG cargo was delivered on February 22, followed by a second cargo on March 4, and a third cargo is currently being loaded and will be sold directly to Eni's European customers.


The Cable reported that Petroleum products from Dangote Group's 650,000-per-day refinery are scheduled to enter the market in early 2022, compared to a previous fourth-quarter deadline of 2021.

The earlier completion and product development date could not be reached due to the COVID-19 pandemic, which caused delays in the shipment of equipment from abroad, according to Devakumar Edwin, executive director of capital projects and portfolio management at Dangote Group.

The company announced in November 2020 that its refinery was 80 percent complete, with 100 percent engineering and construction and 98 percent procurement.


Reuters reported that On Friday, oil settled near $70 a barrel, boosted by major oil producers' output cuts and expectations for a demand rebound in the second half of the year. Brent crude fell 41 cents, or 0.6 percent, to $69.22 a barrel.The price of U.S. West Texas Intermediate crude fell 41 cents to $65.61 a barrel. Brent and US crude finished the week nearly flat after hitting a 13-month peak on Monday, capping a seven-week winning streak. The White House relief package, as well as an almost regular stream of bullish vaccine stories, continue to boost demand for volatile assets like oil.


Despite Inter Pipeline Ltd's board rejecting its hostile takeover bid, investment firm Brookfield Infrastructure Partners said on Thursday that it is committed to its C$7.1 billion ($5.65 billion) hostile takeover offer. Inter Pipeline's largest individual shareholder said the board's "efforts to market test the deal against other take-private offers" are commendable, and that its offer is in the best interests of the company's shareholders.

Inter Pipeline's shareholders were asked to refuse the bid on Tuesday, claiming that it "significantly undervalues" the oil and gas transportation business. Brookfield launched a hostile bid last month, offering the same C$16.50 per share that Inter Pipeline had previously rejected as insufficient.


Chevron Australia has signed a five-year deal with multinational integrated solutions provider EnerMech to provide a variety of integrated services to its Western Australian oil and gas facilities.

EnerMech will continue to provide pipeline services such as pipe maintenance, nitrogen purging, and process plant drying, as well as integrity leak and pressure testing, hydraulic hose integrity management, and specialist hydraulic services, under the terms of this agreement.



Black Bear Transmission has announced that BBT Alabama has completed the disposal of unrevealed buyers' GHG assets. This divestiture follows the latest acquisition by Black Bear, namely the purchase in September of the NGT Assets from Third Coast Midstream.

BBT Alabama has a fee-based, natural gas collection system that connects Alabama production with regional long-haul pipelines. The sale consists of more than 240 miles of pipelines for natural gas, 26 active measurement sites and one active compressor station.

The agreement enables Black Bear to save cost while directing our core natural gas transmission infrastructure more internally.


On Thursday, Nyesom Wike of Rivers called for a 10% oil revenue allocation to host communities to be made by the Petroleum Industry Bill (PIB), which is currently before the National Assembly. He appealed to the House of Government in Port Harcourt when members of the PIB National Assembly committee visited him.

According to Wike, the bill clearly defined the development projects for which the fund should be spent to update the host communities' aims and requests. The Governor stated that petroleum communities had lost their lives due to international petroleum companies' activities (IOCs).



The Nigerian LPG Market is the next success story of the Global LPG industry, if you need a partner with a global perspective and local expertise in the Nigerian and African space, kindly book for a free session with our team of experts to help you http://www.kiakiagas.com/book-session or write us an email at advisory@kiakiagas.com or Whatsapp: +2348085269328


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How LPG is contributing to the growth of SMEs in Africas: Your One Stop LPG Provider

A crucial component of human life is energy. Reliable access to modern, reasonably priced energy is essential for a country's social and economic development. Traditional dirty-burning fuels used for cooking, such as coal, wood, and kerosene, produce large amounts of pollutants and carbon monoxide, which are the main contributors to indoor air pollution and its negative health impacts. Continual use of unclean fuels may result in early deaths, an increase in childhood and adult illnesses, associated environmental problems, and stress on the healthcare system, according to experts. Liquefied petroleum gas (LPG) was found in the search for cooking energy that would protect our environment from pollution. LPG is a type of energy that is used in cooking. It is produced by refining raw natural gas or crude oil that comes only from fossil fuel sources. It is kept and moved in LPG cylinders at a reasonable amount of pressure as a liquid. Propane and butane make up the majority of the gases created during the LPG production process. The first online energy company in Nigeria, Kiakiagas, provides excellent, prompt, and safe delivery of liquefied petroleum gas (LPG) and related products to Nigerian households and businesses. The company has developed into an energy solutions provider, paving the way for a future in which gas will drive the switchover of the African energy sector from fossil fuels to renewable sources, bringing electricity to consumers in the last mile from urban to off-grid areas.
Social Impact


Liquefied Petroleum Gas (LPG) is widely used for cooking around the world, but to a lesser level in most underdeveloped countries. LPG is a nonrenewable source of energy. However, when compared to cooking with hardwood or charcoal, it is commonly known that using LPG has few recorded negative health impacts. One of the main drivers of deforestation in Sub-Saharan Africa is the demand for firewood and charcoal as a source of cooking energy. Increasing the usage of LPG is one of the options for reducing the strain on forest resources. Cooking with biomass produces both greenhouse gas emissions and indoor pollution from black carbon. Kiakiagas has endeavor to reach different classes of people and orientate them on the benefit of LPG to their health. We also give information about how LPG is a more cost-effective, faster, and environmentally friendly cooking method than conventional methods. Following the increase in gas prices, many individuals were seeking for strategies to extend the life of their cooking gas. It's possible and easy to extend the life of your gas. Utilizing these suggestions will help you save a lot of money. Here, we come with a list on how you can conserve your cooking gas and make it last longer:
Social Impact


It is well known that the cost of food has climbed significantly in recent months along with the price of cooking gas, making life difficult for a large number of people. For the typical Nigerian household, cooking gas has turned into a luxury good. Bravo if you still have the means to fill yours to the brim! You don't come across people who can easily and comfortably fill up their gas cylinders every day. Every residence is frantically looking for ways to adapt to this change and extend the gas supply. On a more positive side, we have developed useful advice that will lessen how frequently you visit the petrol station. We have heard the word "savings" so frequently that we are accustomed to it. Many things can be saved, but we have no idea how to do it with LPG. Everyone encounters this question on a daily basis. Is there a way to conserve LPG for cooking? There is, and it's not particularly complicated. Your cooking style only needs a few little tweaks here and there to work. To learn some crucial advice on how to conserve household LPG, scroll down.