gas

In a thought-provoking interview, Mr. Nkaw shed light on the often-overlooked consequences of gas flaring—a practice that remains alarmingly prevalent in our energy sector. He meticulously detailed how the unresolved issue of excess gas processing leads to not just financial waste, but also significant environmental and health repercussions. Flaring, a method of burning off excess natural gas, contributes to a myriad of challenges that extend beyond the immediate economic implications. “We have data that shows…

Recent discussions have shed light on the United States' interest in the Nigeria-Morocco gas pipeline project. This initiative, as articulated by Nigeria’s Finance Minister Wale Edun, could mark a significant step in U.S. investment in Africa's energy landscape. According to The Cable, Minister Edun made this announcement during his briefing on the outcomes of the ministry’s discussions at the recent Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group, held in Washington, D.C. It's…

Turkey's Ambitious Initiative to Enhance Energy Independence In a move that promises to reshape the energy landscape of the region, Turkey is gearing up to initiate a robust series of oil and natural gas exploration projects in Libya, Iraq, Somalia, and Azerbaijan. This strategic initiative, heralded by Turkish Energy Minister Alparslan Bayraktar, aims to significantly diminish Turkey's reliance on imported energy sources. Announced during a recent event in Istanbul, this plan reflects Turkey’s commitment to…

In an encouraging turn of events, Nigeria has witnessed a remarkable 15.6 percent increase in its gas output month-on-month (MoM), reaching a substantial 227,931.65 million standard cubic feet (mscf) in March 2025. This surge not only highlights the nation's potential in natural gas production but also reflects the continued efforts towards enhancing the country's energy sector. When we step back to examine the year-on-year (YoY) data, the figures reveal a modest growth from the previous year, rising from 198,353.62 mscf in…

An Exciting Leap for Nigeria’s Oil and Gas Sector The recent commissioning of the Monarch Alloys Limited facility, which boasts cutting-edge 3LPE (three-layer polyethylene) and concrete weight coating capabilities, has captured the attention of industry leaders and stakeholders alike. Mr. Felix Ogbe, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), was quick to commend the leadership of Monarch Alloys Ltd for this significant achievement. It marks a pivotal moment in Nigeria’s…

In an exciting move to enhance its gas sector regulatory framework, the Nigerian Government has partnered with the United Kingdom's Office of Gas and Electricity Markets, also known as Ofgem. This collaboration marks a significant step forward, underscoring the importance of a robust regulatory environment in promoting sustainable growth within the nation’s energy landscape. The partnership was formalized during a high-profile meeting in London, which brought together Nigeria’s Minister of State for Petroleum Resources…

Natural Gas: A Transitioning Energy Source for Africa Natural gas is rapidly solidifying its position as a crucial player in the global energy arena. As the world grapples with the urgency of sustainable energy, natural gas serves as an essential bridge—connecting traditional fossil fuels with cleaner renewable resources. But what does this mean for nations, particularly in Africa, where natural gas production might be lagging? In regions devoid of indigenous natural gas production, governments find themselves…

Turkey to Secure Up to 90% of Somalia’s Oil and Gas Revenue, Document Reveals MOGADISHU, Somalia — In a scenario raising both eyebrows and questions, Turkey is set to receive a striking 90% of the revenues from Somalia's offshore oil and gas endeavors, as revealed in a document published by the Nordic Monitor on Tuesday. This agreement, signed on July 19, 2024, between the Turkish Petroleum Corporation and the Somali Petroleum Authority, has…

The role of natural gas as a pivotal energy source has gained significant traction in recent years. Why has this transformation occurred? Primarily due to its cleaner-burning properties compared to traditional fossil fuels like coal and oil. Not only is natural gas recognized for its favorable environmental impact, but it has also proven essential in fueling industrial growth and driving economic progress in various regions across the globe. For many African nations, natural gas extraction emerges as a crucial…

Turkey Expands Energy Exploration in Bulgaria and Beyond In a noteworthy development for the energy sector, Turkey is currently engaged in negotiations to explore lucrative oil and gas opportunities in Bulgaria. This initiative, highlighted by Energy Minister Alparslan Bayraktar, signals Turkey's ambitious plans not only for Bulgaria but also for Iraq and Libya. Turkey's state-owned energy enterprise, Turkiye Petrolleri AO (TPAO), is poised to ink an agreement next month with a foreign partner—whose identity remains…