Tag: #EnergyUpdate
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POWER GENERATION DROPS TO 4,300MW AS GAS SHORTAGE BITES – NISO
Nigeria’s electricity supply hits a rough patch. The Nigerian Independent System Operator (NISO) says national power generation has plunged to about 4,300 megawatts due to insufficient gas for thermal plants, which form the backbone of the grid. Only 692 MMSCF of gas was supplied on Feb. 23, far below the 1,629.75 MMSCF needed for optimal…
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FUEL CONSUMPTION DROPS TO 1.44 BILLION LITRES IN JUNE, NMDPRA REPORTS
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reports a 16.4% drop in fuel consumption for June 2025, with total evacuation falling to about 1.44 billion litres. Despite a slight 1.7% rise in diesel supply, overall distribution—including diesel truck-out, household kerosene, and automotive gasoline—declined sharply. Gasoline supply took the biggest hit, dropping nearly 48%…
