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Nigeria: No End in Sight to Petrol Scarcity As Economy Gasps for Breath/in /by
[Vanguard] Lagos -- There were indications, yesterday, that the petrol shortage in the country will not end soon as $6 billion debt to petrol suppliers, lack of liquidity and other issues have put pressure on the Federal Government's capacity to sustain the importation of the product.
Nigeria: NNPC Groans Under Heavy Debts As Suppliers Halt Fuel Supply Amid Scarcity/in /by
[Premium Times] The huge debt choking the NNPC is amid the fuel scarcity situation across the country.
Nigeria: Our Ability to Sustain Fuel Supply Under Threat – NNPC/in /by
[Premium Times] The NNPC Ltd acknowledged recent reports in national newspapers regarding the company's significant debt to petrol suppliers.
Nigeria: With Rising Subsidy Costs, NNPC Finally Admits Owing Foreign Petrol Suppliers Huge Debts/in /by
[This Day] With petrol subsidy costs skyrocketing, after months of denial, the Nigerian National Petroleum Company Limited (NNPC), yesterday finally admitted that it was owing huge debts to its international petrol suppliers.
Nigeria: Our Ability to Supply Fuel Constantly Under Threat – NNPCL/in /by
[Daily Trust] The ongoing scarcity of Premium Motor Spirit (PMS), better known as petrol, seems far from over as the Nigerian National Petroleum Corporation Limited (NNPCL) has said its ability to sustain fuel supply is under threat.
Nigeria: Nigeria’s Oil Company Lack Funds to Fix Leaky Pipelines/in /by
[VOA] Abuja, Nigeria -- Nigeria's decades-old oil pipelines are vital for transporting crude, but most are now corroded and vulnerable to leaks and vandalism. The Nigerian National Petroleum Corporation says it lacks the funds to fix these pipelines, sparking concerns about Nigeria's oil production.
Nigeria: Exclusive – Petrol Subsidy Govt Still Pays in Eight Cities Despite Denial/in /by
[Premium Times] This is coming against the government's repeated denial of subsidy payment.
Somalia: Somalia Nears Major Oil Exploration Milestone Following Strategic Agreement With Turkey/in /by
[Radio Dalsan] The federal government of Somalia has unveiled that it is nearing the final stage of exploration and potential oil drilling, a significant development anticipated to reshape the nation's economic landscape.
Uganda: Oil Pipeline Financial Closure Due Soon – Energy and Minerals Minister/in /by
[Observer] Ruth Nankabirwa, the minister of Energy and Mineral Development, used her second media briefing of the year to raise hope about the progress in Uganda's oil and gas industry, and allay fears over the delay in sourcing the much-needed debt for the construction of a crude oil pipeline, saying the country has entered a delicate period ahead of a major announcement from China in September.
Malawi: Fuel Price Debate – Parliamentary Committee On Natural Resources Wants ‘Reasonable’ Upward Adjustment/in /by
[Nyasa Times] Following a meeting that Parliamentary Committee on Natural Resources & Climate Change had with Malawi Energy Regulatory Authority (MERA) on Monday, August 26 to understand the issues surrounding the importation of fuel and fuel levy collection in the country, the Committee recommends that MERA should reasonably adjust upwards prices of fuel.