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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced an upward adjustment in the Domestic Base Price of natural gas, setting the new rate at $2.18 per Million British Thermal Units effective April 1, 2026. The new pricing structure represents a five-cent increase from the 2025 rate of $2.13 per MMBtu applicable…
The Federal Government has initiated a fresh strategic framework to synchronize domestic gas production with national power requirements. This policy aims to eliminate the persistent supply bottlenecks currently hindering the stability of the national electricity grid. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, officially disclosed this directive during a recent industry summit. The…
