News Formal

Nigeria Raises Natural Gas Price for Power Generation Companies

  • 📰 thecableng
  • ⏱ Reading Time:
  • 12 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 80%

Energy Nyheter

Nigeria,Natural Gas,Power Generation

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has increased the price of natural gas for power generation companies to $2.42 per metric million British thermal units (MMBTU). The adjustment is aimed at attracting investment and achieving a stable electricity supply.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal units (MMBTU).

This is a raise from the previous rate of $2.18 MMBTU. The agency also increased the cost of commercial gas to $2.92 MMBTU from $2.5 MMBTU. The adjustment is aimed at attracting investment and achieving a stable electricity supply.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Merger looms as CBN raises capital requirements for banks in NigeriaBank mergers are imminent as the Central Bank of Nigeria, CBN, has raised minimum capital requirements for banks. CBN disclosed this in a circular signed by the Financial Policy and Regulation Department Director, Haruna Mustafa, and issued to all commercial, merchant and non-interest banks.
Källa: DailyPostNGR - 🏆 11. / 59 Läs mer »