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TUNISIA it apportioned 50,000 tonnes for local use. This NUPRC reports on payments
year, he said, the consortium is set to deliver
Zenith Energy sees oil 450,000 tonnes, or 100% of its output, to the received from winners of
domestic market.
production in Tunisia bna/IntelliNews, February 2 2022 marginal field auctions
doubling by April 2022 Elumelu says Heirs Holding Nigeria’s government has taken in approxi-
mately NGN174bn ($420mn) from the second
Zenith Energy has said its next planned inter- sometimes loses over 50% Marginal Fields Bidding Round (MFBR) as of
national crude lifting of oil production from its January 28, according to Gbenga Komolafe, the
Tunisian portfolio is scheduled for April 2022, of its oil output to theft head of the Nigerian Upstream Petroleum Reg-
according to an updated statement. The Afri- ulatory Commission (NUPRC).
ca-focused production and development energy Tony Elumelu, the chairman of Nigerian inde- Speaking at a meeting with winners of the
company’s last sale of oil was introduced to the pendent Heirs Holding, said on Tuesday (Feb- MFBR in Abuja last week, Komolafe said that
market on July 8, 2021. ruary 2) that his company has at times lost more 128 of the firms that had been named as winners
Zenith said earlier that its Ezzaouia conces- than half of its Niger River Delta oil production of the auctions had paid their signature bonuses
sion in Tunisia producing at 500 barrels of oil to theft. in full or in part within the 45-day window
per day (bpd) will perform sidetracks in two “We produce sometimes about 87,000 bar- after the conclusion of the contest. Another 33
non-producing wells to maximise cost control. rels per day [bpd],” he said during a lecture at companies did not pay their bonuses and have
It added it is expecting to achieve a gross pro- the National Defence College in Abuja. “Thieves accordingly forfeited their rights to other quali-
duction rate of 1,000 bpd from the Ezzaouia con- take 50,000 [barrels] per day.” fied reserve bidders, he explained.
cession upon completion of the two sidetracks. Elumelu acknowledged that the oil theft NUPRC is now making efforts to close out
The company has finalised plans to drill Rob- problem was widespread in the Niger River the bidding round, he said. “It is pertinent to
bana-3 (ROB-3) at the Robbana concession. The Delta and noted the potential for harm to the inform you that concerted efforts are being
ROB-3 is a new well that will reach a total target Nigerian economy. “[To] me, this requires a made to ensure that the 2020 MFBR exercise is
depth of approximately 2,500 metres. national seminar or dialogue,” he was quoted as completed within the shortest possible time,” he
Based on current production from its saying by the Punch newspaper. commented.
recently enlarged portfolio, Zenith will hold a Oil theft is a factor that affects whether inter- bna/IntelliNews, January 31 2022
total of approximately 114,000 bpd in stock in national oil companies (IOCs) invest in Nigeria,
Tunisia, as of March 31, 2022. Elumelu added.
bna/IntelliNews, January 28 2022 bna/IntelliNews, February 2 2022 ANGOL A
Sylva hails petroleum Sonangol hopes new import
NIGERIA
NLNG hailed for directing ministry’s performance terminal will improve
domestic fuel supplies
Nigeria’s Minister of State for Petroleum
all LPG production to Resource Timipre Sylva delivered a favourable Angola’s national oil company (NOC) Sonangol
assessment of his agency’s performance, assert-
domestic market ing on January 28 that the Federal Ministry of is hoping that the launch of a new import termi-
Petroleum Resources (FMPR) had carried out all nal in Porto do Lobito will help improve supply
The Nigeria LP Gas Association (NLPGA) has of the tasks assigned to it by President Muham- conditions on the domestic fuel market.
hailed the Nigeria LNG (NLNG) consortium for madu Buhari. The Porto Lobito terminal, which will serve
its decision to direct all of its LPG production to According to a statement read by Enefaa fuel markets in the southern, eastern and central
the domestic market. Bob-Manuel, the ministry’s director of infor- parts of the country, is still under construction.
In a statement, NLPGA president and execu- mation, Sylva told members of the ministry’s Sonangol aims to finish the facility by year-end.
tive council head Nuhu Yakubu said he expected management and staff at a town hall meet- At present, the NOC has only one terminal
this move to help ensure Nigerian consumers’ ing that the state body was upholding all of its that handles imported petroleum products. This
access to LPG supplies. “In recent months past, responsibilities. facility, located near Luanda, is overloaded and
Nigerians have had to pay significantly more to “The Ministry of Petroleum Resources has unable to optimise distribution operations in
buy cooking gas owing to supply disruptions,” he declared that it has delivered on all the priority such a way as to prevent the smuggling of fuel,
said. “This supply intervention move by NLNG project areas assigned to the ministry by Presi- according to Joaquim Fernandes, a representa-
is expected to free up more volumes and have dent Muhammadu Buhari,” he said. tive of Sonangol.
some cushioning effect on the high price of This year is likely to prove very eventful for To address this problem, Fernandes said,
cooking gas, subject, however, to its realistic pro- the ministry, and there will be a great deal of the NOC has divided the country up into three
duction output, as determined by other factors.” work to do, he added. He also hinted that he did delivery regions – north, east and south. Sonan-
Yakubu noted that NLNG has been allotting not expect the agency to start any major new gol intends to look for ways to serve these three
an increasingly large share of its LPG produc- projects in 2022. regions more effectively.
tion to the domestic market since 2007, when bna/IntelliNews, January 31 2022 bna/IntelliNews, February 2 2022
P20 www. NEWSBASE .com Week 05 02•February•2022