The following warnings occurred:
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined variable $awaitingusers - Line: 34 - File: global.php(844) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/global.php(844) : eval()'d code 34 errorHandler->error
/global.php 844 eval
/showthread.php 26 require_once
Warning [2] Undefined array key "mybb" - Line: 1952 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 1952 errorHandler->error
/inc/functions_indicators.php 41 my_set_array_cookie
/showthread.php 629 mark_thread_read
Warning [2] Undefined property: MyLanguage::$ratings_update_error - Line: 5 - File: showthread.php(732) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(732) : eval()'d code 5 errorHandler->error
/showthread.php 732 eval
Warning [2] Undefined array key "additionalgroups" - Line: 7162 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 7162 errorHandler->error
/inc/functions_user.php 844 is_member
/inc/functions_post.php 406 purgespammer_show
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "profilefield" - Line: 6 - File: inc/functions_post.php(474) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php(474) : eval()'d code 6 errorHandler->error
/inc/functions_post.php 474 eval
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showimages" - Line: 741 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 741 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showvideos" - Line: 746 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 746 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "invisible" - Line: 1506 - File: showthread.php PHP 8.0.30 (Linux)
File Line Function
/showthread.php 1506 errorHandler->error
Warning [2] Undefined variable $threadnotesbox - Line: 30 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 30 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $addremovesubscription - Line: 79 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 79 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $forumjump - Line: 86 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 86 errorHandler->error
/showthread.php 1533 eval




Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Fed Govt eyes $2b yearly from Escravos gas to liquid project
#1
Fed Govt eyes $2b yearly from Escravos gas to liquid project
December 25, 2019

[/url][Image: President-Muhammadu-Buhari-3.jpg]
[url=https://thenationonlineng.net/wp-content/uploads/2019/11/President-Muhammadu-Buhari-3.jpg]





By John Ofikhenua, Abuja

 

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari yesterday  said the Escravos Gas-to-Liquid (EGTL) project is capable of fetching the Federal Government $2billion yearly.


NNPC and the Chevron Nigeria Limited (CNL) have executed agreements on the multi-billion dollars EGTL project.

Speaking at a sign-off meeting in Abuja, Kyari said CNL would boost the domestic gas market with 400million standard cubic feet per day (MMScfp/d) gas supply, equivalent to 26 per cent of total domestic gas supply in the country.

Kyari, who described the EGTL plant as “a cornerstone of the energy ecosystem of Nigeria” in a statement, said it had the potential to yield $2billion yearly into the coffers of the Federal Government.


 

He acknowledged the roles played by President Muhammadu Buhari and the Chairman, Senate Committee on Gas, Sen. Bassey Akpan, which he noted had culminated into the execution of the agreements, assuring that the Federal Government was committed to the project.


In his remarks, the Chief Executive Officer of CNL, who was represented by the Director, NNPC/Chevron Nigeria Limited Joint Venture (JV), Mr. Monday Ovuede, said the project would open up opportunities for gas commercialisation and monetisation in the oil and gas Industry.

Ovuede stressed that one of the values would include provision of clean and environmentally friendly energy.

He assured of his organisation’s commitment to foster mutually beneficial relationship with the corporation in the energy sector.

The highpoint of the event was the signing of five sets of agreements which include the Settlement Agreement; Amendment to the Venture Agreement; Sales and Purchase Agreement; Depository Agreement for Special Purpose Vehicle; and Agreement for Power of Attorney to be given to CNL as the representative of the sellers.
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Fed Govt generates N1.9tr from petrol sales in one year Edoman 0 656 01-31-2021, 11:58 AM
Last Post: Edoman
  RMAFC: Nigeria can earn $1b yearly from gas Edoman 0 863 08-13-2020, 04:49 PM
Last Post: Edoman
  Govt moves to reduce oil production cost to $10 Edoman 0 853 08-03-2020, 01:19 PM
Last Post: Edoman
  NOSDRA to govt: don’t scrap agency , National Oil Spill Detective and Res Edoman 0 947 06-30-2020, 04:57 PM
Last Post: Edoman
  AKK Pipeline: OILSERV begins massive project Edoman 0 1,044 05-28-2020, 06:12 PM
Last Post: Edoman
  FG eyes $2.8b from crude oil prices rebound Edoman 0 1,062 04-10-2020, 04:08 PM
Last Post: Edoman
  Fed Govt eyes $100 billion from non-oil sector Edoman 0 958 03-09-2020, 10:34 AM
Last Post: Edoman
  FG, USTDA Sign $1.1m Grant For Abuja Independent Power Project Edoman 0 895 02-20-2020, 02:26 PM
Last Post: Edoman



Users browsing this thread: 1 Guest(s)