Wednesday, April 14African Business News
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Tag: Babajide Sanwo Olu

FG to expand national grid size, leverage hubs for gas pricing

FG to expand national grid size, leverage hubs for gas pricing

Oil & Gas
• Over 30km of welding completed on AKK project, says NNPC The Federal Government, through the Nigerian National Petroleum Corporation (NNPC), has announced plans to increase the size of the national grid by leveraging the country’s 203.16tcf gas potential in order to resolve lingering power sector issues nationwide.  Similarly, the oil company hopes to address pricing issues in the gas value-chain to increase adoption and utilisation in the industrial sector.   Gas pricing and dollarisation have remained a challenge among gas providers and industrial users.   Besides, the NNPC noted that the AKK project is well on course, stressing that over 30 kilometers of welding have been achieved. “We do not see anything that will stop the project. We are hoping to cross the River ...