Saturday, 13 February 2021
#EndSars: Mr Macaroni, others arrested
In footage shared online by actor, Yomi Fabiyi, Macaroni is seen without a shirt crammed with other arrested protesters in a small bus. Some of the protesters had their hands tied behind their backs.
The video has generated negative reactions from Nigerians, condemning the police for subjecting the protesters to such terrible conditions.
Tuesday, 9 February 2021
DPR promises to upgrade downstream operations to global standard
Monday, 8 February 2021
DPR licenses first floating LNG production plant
The Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE), the first floating Liquefied Natural Gas (LNG) production plant to UTM Offshore Ltd., an indigenous oil and gas company.
A statement issued on Monday in Lagos by Mr Paul Osu, Head Public Affairs, DPR, said the licence was presented to the company at the DPR headquarters in Abuja on Monday.
Mr Sarki Auwalu, Director, DPR who presented the licence said the company would be processing 176MMcfd natural gas and condensate.
Auwalu said the milestone was a reinforcement of the promise and commitment of President Muhammadu Buhari to Nigerians to promote indigenous participation in the oil and gas sector.
According to him, it is to ensure that companies come to Nigeria and do business in an equitable way to stimulate the economy and create jobs for Nigerians .
He added that the licence was a demonstration of government’s resolve to harness safe and reliable technology for the development of the oil and gas industry.
Auwalu said that the DPR would continue to create opportunities for companies by providing the regulatory tools of licences, permits and approvals for investors.
The Managing Director of UTM Offshore Ltd., Mr Julius Rone, while receiving the licence promised to abide with the terms of issuance within the 24 months validity period of the LTE from the date of issue. (NAN)
Friday, 5 February 2021
DPR targets $500m from signature bonuses of 57 marginal oilfields
Thursday, 4 February 2021
LAPO advocates cancer treatment support for poor Nigerians
Wednesday, 3 February 2021
DPR clarifies crude accounting process
The Department of Petroleum Resources (DPR) has clarified the process it uses for accounting for crude production in the country.
The agency disclosed that most incidents relating to oil theft occurs from the land terminals.
A statement issued on Thursday in Lagos by Mr Paul Osu, Head, Public Affairs, DPR, said Mr Sarki Auwalu, Director, DPR made the clarification while speaking before the House of Representatives Ad-hoc Committee on Oil Theft in Abuja.
Auwalu told the committee chaired by Hon. Peter Akpatason, that the DPR was the agency of government saddled with the responsibility of monitoring crude oil production and lifting.
He said: I will like to use this opportunity to give a brief on how we account for hydrocarbon in this nation.
”I think that will provide a better view for this committee as well as Nigerians. The process starts from the well because every crude oil comes from well, and you cannot drill a well without knowing the capacity of that well to produce.
“So, the hydrocarbon accounting in the DPR starts from well. Once you drill a well, you will need to have what we call a maximum efficiency rate to know the capacity that well will produce. The volume accounting starts from that point.”
According to him, the methodology used in hydrocarbon accounting are static measurement and dynamic measurement.
The director said: “The static is the volume that went into tank that you can dip and know the volume, while the dynamic is the volume that goes across the meter.
”We have two kinds of meters: we have production meter that you measure the volume of oil produced and we have custody transfer meter where you measure the volume of oil that exchanged hands.
“What we do is to take inventory of all wells producing in every field based on the volume we give, within which that well cannot produce more than that.
“If you under produce, you can kill the reservoir. If you over produce, you can kill the reservoir. All these volume measurements, whether static or dynamic, we take record of them.”
He disclosed that Nigeria has over 30 terminals with five of them being land terminals.
Auwalu said: “Most of the thefts, they are coming from land terminals because the land producers have to use pipelines to transport the crude into the terminals for export.
” In the process, you have a lot of third party interference which results in volumes that are being taken and are stolen.
“So, most of the discrepancies in production and export, you can easily calculate the theft volume.
“And the theft volume, if not all, come from the land terminals. But the offshore terminals, it is actually practically impossible to steal crude from offshore terminals, since it is from the bottom of the sea.”
Earlier in his remarks, Akpatason said the effects of crude oil theft could not be overemphasised, adding that it was the responsibility of all patriotic Nigerians to put an end to the menace.
He said the DPR was identified as the agency playing a key role in the monitoring of crude oil production and lifting in the country hence its invitation to the agency. (NAN)
Group urges FG to reverse power sector privatisation
An electricity consumer group, ‘Where’s the Light Movement,’ has called on the Federal Government to reverse the power sector privatisation policy for failing to achieve its set goals.
The group said the sector should be returned to public ownership under democratic control and management of workers and electricity consumers.
Mr Sina Odugbemi, the convener of the group, who briefed newsmen on Wednesday in Lagos, urged the government to take a bold step to reverse the privatisation and take charge of the sector.
Odugbemi said Nigerians had not experienced the desired objectives of available, accessible and affordable electricity supply for the past seven years of privatising the sector.
“The only way forward is for government to reverse the privatisation policy and bring back the power sector under exclusive public ownership.
“We are advocating for democratic control and management of workers and consumers in a more transparent manner.
“The reversal will help to check looting of public funds, mismanagement, nepotism, inefficiency among others to sustain the growth and development of the sector including guaranteeing uninterrupted and affordable electricity supply to all Nigerians,’’ he said.
Odugbemi noted that the Electricity Distribution Companies (DisCos), the Generation Companies (GenCos) and the Transmission Company of Nigeria had to demonstrate sufficient technical and financial capacity to solve the sector’s challenges.
“The social welfare and right of all Nigerians must be guaranteed at all times in accordance with Section 14 (1) (b) of the 1999 Nigerian Constitution (as amended).
“Section 14 (1b) states that ‘the security and welfare of the people shall be the primary purpose of the government.’
“Provision of Light enhances comfort, wellbeing, productivity and security of lives and property of citizens; absence or inadequacy of electricity to the citizens negates the purpose and the spirit of Article 14 (1) (b) of 1999 constitution,” said Odugbemi.
He noted that in spite of the billions of naira sunk into the sector by the government since it was privatised in November 2013, 46 per cent of Nigerians were yet to be connected to the national grid.
“Those connected to the national grid cannot boast of enjoying quality supply. Electricity is life, it is extremely instrumental to production, services, education, healthcare, well being among others,” Odugbemi said.
According to him, apart from reversing the privatisation policy, the tariff should be reviewed downward to N21 per kilowatt with no further increment due to the current economic realities in the country.
He called for metering of all electricity consumers, adding that estimated billing should be stopped and all debts accumulated by consumers as a result of the “crazy bills” should be cancelled.
He also called for life insurance policies for electricity workers as well as massive public investment in the power sector to guarantee uninterrupted power supply to all Nigerians. (NAN)