Nigeria Secures Jindal Group’s Commitment for $4bn Iron Steel Plant’s Gas Offtake

Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has successfully secured a commitment from Jindal Group to offtake about 450 million metric standard cubic feet per day (MMscfd) of natural gas to underpin a $4 billion investment in a 10 million tonnes per annum Hot Briquetted Iron (HBI) Steel Plant to be located at Ibom Solutions Hub Industrial Park (ISHIP), a free zone facility in Akwa Ibom State. A statement by Louis Ibah, media aide to the Minister of Gas, noted that this project eas expected to create…

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Reduce Cooking Gas Price, Stop Product’s Export, Minister Orders NMDPRA, NNPCL

LPG prices have continued to fluctuate, recently soaring to N1,500 from an average of N1,100 – N1,250 per kg Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has expressed deep concern over the continuous increase in the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas in the country. Recall that in a bold move to tackle the soaring price of cooking gas, the Gas Minister had established a high-level committee in November 2023, led by the Authority Chief Executive of the Nigerian Midstream Downstream Petroleum…

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Untapped Gas Reserves; Ekpo Pledges Partnership With Akwa Ibom

Gas minister felicitates govt, people of Akwa Ibom as state marks 36 years of existence   Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has lauded the government and people of Akwa Ibom State for the unity and peaceful co-existence of its various peoples and the socio-economic developments recorded over the past 36 years. Platforms Africa reports that the minister stated this in a statement today to mark the 36th anniversary of the creation of the state. He said the creation of the state has allowed the spread of infrastructural…

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