The striking workers claimed that the Federal Government has done everything possible through the National Petroleum Investment Management Services (NAPIMS) to ensure issues are settled amicably but Addax Management is frustrating every move by NAPIMS and other stakeholders to resolve the issue.
According to NLNG’s Managing Director and Chief Executive Officer, Dr Philip Mshelbila, the Company had signed an MoU with UNEP in the last quarter of 2022, stating that the signing demonstrated the Company’s commitment to reduce methane emissions from its operations as part of its decarbonisation journey.
The new regulations are: Midstream and Downstream Petroleum Operations Regulations, 2023, Assignment or Transfer of License and Permit Regulations, 2023; Petroleum Measurement Regulations, 2023;. Gas Pricing and Domestic Demand Regulations, 2023; Petroleum (Transport and Shipment) Regulations, 2023 as well as Natural Gas Pipelines Tariff Regulations, 2023.
NDPHC, from data gathered by energy TIMES, was billed N854,104,159 million, having consumed 861,007.18 million cubic feet of gas in the month of January.
