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Tag "Accugas"

EXCLUSIVE: How Nigeria paid $137m in two years for unutilised gas in ‘take or pay’ deals

    EXCLUSIVE: How Nigeria paid $137m in two years for unutilised gas in ‘take or pay’ deals

Facts have emerged on how Nigeria paid $137 million in two years for gas and electricity that were never used in the “take or pay deal” the country entered into

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THE INSIDER: FG set to guarantee $1bn new solar projects — despite choking under ‘take or pay’ deals

    THE INSIDER: FG set to guarantee $1bn new solar projects — despite choking under ‘take or pay’ deals

Despite getting its fingers burnt and running into debt over existing power deals, the federal government is set to provide more sovereign guarantees to 14 new solar power projects. Nigeria

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British oil firm cuts expenditure in Nigeria by 15% to $100m

    British oil firm cuts expenditure in Nigeria by 15% to $100m

Savannah Energy Plc, a British oil and gas company, has reduced its planned four-year capital expenditure in Nigeria by 15 percent from $118 million to $100 million.  In a statement

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EXCLUSIVE: Accugas issues new deadline to FG — after receiving N13.6bn arrears

    EXCLUSIVE: Accugas issues new deadline to FG — after receiving N13.6bn arrears

Federal government has settled N13.6 billion of outstanding invoices Accugas Ltd for gas supply to the Calabar Generation Company Limited, TheCable can report. But the company has immediately given a

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Azura power contract is another P&ID in our hands, says Omo-Agege

  Azura power contract is another P&ID in our hands, says Omo-Agege

Ovie Omo-Agege, deputy senate president, says Nigeria’s agreement with Azura Power could be another P&ID case on the neck of

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EXCLUSIVE: Accugas moves against Nigeria over Calabar GenCo’s debt

  EXCLUSIVE: Accugas moves against Nigeria over Calabar GenCo’s debt

Accugas Ltd, gas supplier to the Calabar Generation Company Limited, has issued the dreaded “notice of non-payment” to the Nigerian government

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EXCLUSIVE: Accugas moves against Nigeria, issues notice of default over Calabar GenCo

  EXCLUSIVE: Accugas moves against Nigeria, issues notice of default over Calabar GenCo

President Muhammadu Buhari’s bid to raise foreign loans for infrastructural projects is already in jeopardy as the gas supply agreement

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