Page 18 - AfrOil Week 11 2021

AfrOil NEWS IN BRIEF AfrOil

A Convention for the New Concession (the
agreed work programme between ETAP and
EPZ) has been signed by both parties. The New
Concession is currently awaiting parliamentary
approval.
Ezzaouia has modern oil treatment and stor-
age facilities with a total field storage capacity
of approximately 20,000 barrels of oil. MARE-
TAP, the joint operating company, operates an
oil storage terminal, connected to Ezzaouia by
way of two pipelines (one for gas and one for oil
respectively), at the port of Zarzis, with a storage
capacity of approximately 200,000 barrels of oil,
from which all oil production from Ezzaouia is
exported to the international markets.
Zenith Energy, March 15 2021

He also affirmed the Board’s excitement for raw materials in Nigeria. We are currently work-
LOCAL CONTENT being an active participant and a front-runner ing in conjunction with our Alaro City Partners
in taking practical steps to deliver on lofty goals to position them in this Free Trade Zone.”
Sylva hails opening of of the “Decade of Gas” that is being championed NCDMB, March 12 2021
by the Minister of State for Petroleum Resources.
Rungas LPG Cylinder Plant Other interventions by the Board in the gas val- MULTIL ATERAL
ue-chain include development of LPG storage
From an undesirable position of importing LPG terminals and jetties, inland gas processing for
(cooking gas) cylinders, Nigeria is on course the production of LPG and propane, infrastruc- NOC chairman participates
to become the world’s largest manufacturer of ture for gas gathering and injection into gas pipe-
composite cylinders with the groundbreaking line networks and CNG facilities. in APPO’s 40th ministerial
of Rungas ALFA plant performed on Friday by He said NCDMB was deliberate in going for
the Minister of State for Petroleum Resources, the Type-3 Composite LPG cylinders consid- council meeting
Chief Timipre Sylva at Alaro City, Free Trade ering the unique features such as safety, light-
Zone, Epe, Lagos State. weight, and durability. “Our handshake with The Chairman of NOC’s Board of Directors,
The facility alongside its sister plant (Rungas the Rungas Group will catalyse the transition Mustafa Sanallah, participated in the 40th meet-
Prime in Polaku, Bayelsa State) is being devel- away from the heavy metallic LPG cylinders. It ing of the Ministerial Council of the Organisa-
oped with equity investments by the Nigerian will also address the issue of high importation tion of African Petroleum Producing Countries
Content Development and Monitoring Board of LPG cylinders with the attendant economic (APPO), which was held via videoconference,
(NCDMB) and will on completion have a com- losses,” he added. on Thursday, March 11, 2021.
bined capacity of over 1.2mn cylinders per Other benefits of the project include help- The meeting was chaired by Mohamed
annum, surpassing the record held by a Euro- ing to eliminate deaths and illnesses caused by Arkab, the Algerian Minister of Energy and
pean firm that produces 900,000 cylinders per smoke and wood fumes associated with cooking Mining, whose country presides over the cur-
annum. with firewood and bringing the products closer rent session of the organisation. After listening
The Minister described the cylinder plants to end-users. to the opening remarks by the Chairman of the
as key to achieving deeper penetration of LPG Also speaking, Rungas CEO Lanre Runsewe Meeting and by Omar Farouk Ibrahim, the Sec-
and CNG, in line with the Federal Government’s lauded the NCDMB for triggering the local retary General of the Organisation, the Meeting
commitment to ensure economic diversifica- manufacturing of safe cooking gas cylinders and discussed and approved conducting a study on
tion using the oil and gas industry as a pivot. He becoming the catalyst for the rapid industrialisa- the future of oil and gas industry in Africa.
stated that cylinders are the most visible element tion of gas-based Industries. The Meeting also took note of the report
of the LPG value chain and the manufacturing He stated: “Without the NCDMB initial and of the organisation’s Executive Board and the
facilities will not only bring affordable and dura- extended facilitation for the local manufacture of report of the Energy Investment Corporation
ble cylinders to Nigeria but also create countless cooking gas cylinders in Nigeria, it would have in Africa (AEICORP), established by APPO
direct and indirect jobs for citizens. been more difficult and expensive to implement organisation. Finally, the Meeting accepted the
The Executive Secretary of NCDMB, Simbi the imminent National Gas Expansion Pro- invitation by Algeria to host the next Ministerial
Kesiye Wabote, gave the expected completion gramme (NGEP) roll out, due to lack of locally Council meeting It is noteworthy that APPO,
date of the facility as 12 months and under- manufactured safe cylinders. The country would which was founded in 1987, includes in its mem-
scored that the Board had proven that it delivers have had to resort to importation.” bership 15 African Countries, including Libya,
successfully on any project it participates in.He He also revealed that NCDMB’s participa- in addition to three Countries as observers. The
said the ground-breaking event confirms that tion and the substantial quantity of cylinders to organisation aims to enhance coordination of
Private-Public Partnership is a pragmatic and be manufactured had “triggered a clause in our oil and gas policies and strategies in Member
workable model for putting in place the needed contractual agreements based on 1mn cylinders Countries and support the African oil and oil
infrastructure, facilities and manufacturing base, with our Italian, Portuguese Original Equipment products importing Countries in meeting their
to position Nigeria for the opportunities that Manufacturers which will result in direct invest- fuel demand.
abound in the region and continent. ments of over $40mn to produce some of our key NOC, March 11 2021

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