What Does the Closure of Grangemouth Refinery Mean for Global Oil Markets?
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#82ec0275 ver:0.42
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#newstr #DangoteRefinery #Grangemouth #OilMarket #JobLosses #Biofuels #PetrolProduction #Opec #FuelImportTerminal #Nigeria #Scotland
https://here.news/story/82ec0275?ver=0.42
Nigeria's Crude Oil Production Reaches 236.2 Million Barrels in First Half of 2024
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#82ec0275 ver:0.32
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#newstr #Nigeria #CrudeOilProduction #FuelScarcity #Cng #FoodCrisis
https://here.news/story/82ec0275?ver=0.32
Nigeria Awards Contract to Meter Crude Oil Flow Stations
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#82ec0275 ver:0.3
Nigeria faces fuel scarcity, with long queues at petrol stations and high prices. Cooking gas prices have dropped due to improved supply and forex availability. Garri prices have reached record highs due to artificial scarcity caused by farmers. The government plans to assist fuel marketers in installing CNG pumps. CNG vehicles can save $2.5 billion yearly and reduce pollution. A CNG center has opened in Abuja, and the government plans to introduce CNG-powered buses and tricycles. Housewives struggle to feed their families amid rising food prices. NNPC plans to build CNG and LNG stations across Nigeria. FEC approves a $21 million contract to meter crude oil flow stations [Nigeria, fuel scarcity, CNG, cooking gas, garri, inflation, food crisis, NNPC, FEC]...
#newstr #Nigeria #CrudeOil #Metering #OilProduction #Revenue
https://here.news/story/82ec0275?ver=0.3
Kenyan Government Faces Backlash for Increasing Tax on Petrol and Diesel
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#82ec0275 ver:0.29
The Nigerian fuel scarcity crisis continues, causing economic disruption and price inflation. Petrol prices may increase again due to the ex-depot price hike. Cooking gas prices have crashed due to improved supply and forex availability. Garri prices have reached record highs due to artificial scarcity caused by farmers. The government plans to assist independent fuel marketers in installing CNG pumps. CNG adoption can save billions of dollars and reduce pollution. The government has opened a CNG center and plans to introduce CNG-powered vehicles. Housewives are struggling to feed their families amidst the food crisis. NNPC plans to build CNG and LNG stations across the country. In Kenya, the government faces backlash for increasing the tax on petrol and diesel. #FuelScarcity #CNG #FoodCrisis #PetrolPrices #Kenya...
#newstr #FuelScarcity #CookingGasPrices #GarriPrices #GovernmentAssistance #CngpoweredVehicles #OilMarketers #EnergyTransition #CostSavings #FoodCrisis #Nnpc #Epra #Kenya
https://here.news/story/82ec0275?ver=0.29
Marketers Address Fuel Scarcity in Nigeria, Urge Against Panic Buying
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#82ec0275 ver:0.28
#FuelScarcity in Nigeria causes economic disruption and price inflation, leading to daily losses for businesses and rationing of operating hours for SMEs. Motorists face long queues and commuters walk long distances. Cooking gas prices decrease due to improved supply and forex availability. Garri prices reach record highs due to artificial scarcity. Government considers assisting independent fuel marketers in installing CNG pumps. CNG adoption can save $2.5 billion yearly and reduce pollution. Housewives struggle to feed families amidst food crisis, calling for government grants. NNPC plans to build CNG and LNG stations to meet energy needs and reduce emissions....
#newstr #FuelScarcity #Petroleum #Nigeria #Marketers #SupplyChain #Smuggling #CookingGasPrices #GarriPrices #CngPumps #FoodCrisis
https://here.news/story/82ec0275?ver=0.28
Nigerian Housewives Struggle to Feed Families Amid Food Crisis and Soaring Prices
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#82ec0275 ver:0.25
Nigerian housewives struggle to feed families amid food crisis and soaring prices. Fuel scarcity and inflation have led to daily losses for businesses and rationing of operating hours for SMEs. Cooking gas prices have crashed due to improved supply and forex availability. Garri prices have reached record highs due to artificial scarcity caused by farmers. The government considers assisting fuel marketers in installing CNG pumps. CNG adoption can save $2.5 billion yearly and reduce transportation costs. A CNG center has been opened in Abuja. Housewives face intense stress and are forced to ration cooked food. The food crisis has led to children dropping out of school and families struggling to eat. #Nigeria #FoodCrisis #FuelScarcity #Inflation #CNG...
#newstr #FuelScarcity #CookingGasPrices #GarriPrices #GovernmentAssistance #CngpoweredVehicles #OilMarketers #EnergyTransition #CostSavings #EnvironmentalImpact #FoodCrisis
https://here.news/story/82ec0275?ver=0.25
Cooking Gas Prices in Nigeria Crash to Four-Month Low as Government Takes Action on VAT and Import Duties
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#82ec0275 ver:0.24
Cooking gas prices in Nigeria have crashed to a four-month low due to improved supply, forex availability, and government interventions such as VAT removal. However, fuel scarcity continues to disrupt the economy, leading to price inflation and daily losses for businesses. The government is considering assisting independent fuel marketers in installing CNG pumps to accelerate adoption and save $2.5 billion yearly. The high price of garri is blamed on farmers causing artificial scarcity. The government's interventions in the cooking gas sector need to be sustained for more Nigerians to use it. #Nigeria #FuelScarcity #CookingGas #CNG...
#newstr #FuelScarcity #CookingGasPrices #GovernmentIntervention #Cng #PetrolPrices #EnergyTransition #CostSavings #Nigeria
https://here.news/story/82ec0275?ver=0.24
Oil Marketers Give Conditions to Lower Petrol Prices in Nigeria
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#82ec0275 ver:0.23
Oil marketers in Nigeria are demanding conditions to lower petrol prices, including mass production of PMS and access to sufficient crude oil. Fuel scarcity has caused economic disruption and price inflation, leading to daily losses for businesses and rationing of operating hours for SMEs. Cooking gas prices have decreased due to improved supply and forex availability. The price of garri has reached record highs due to artificial scarcity caused by delayed processing. The government is considering assisting independent fuel marketers in installing CNG pumps, which are cheaper than petrol. The use of CNG vehicles could save $2.5 billion yearly. A CNG center has been opened in Abuja, and plans are in place to introduce CNG-powered buses and tricycles. The economy's struggles are reflected in the booming funnel sales as fuel prices rise. #Nigeria #FuelScarcity #PetrolPrices #CNG...
#newstr #OilMarketers #PetrolPrices #Nigeria #DangoteRefinery #MassProduction #DieselPrices #ForeignRefineries #LocalRefiners #CrudeOil #CompressedNaturalGas #Cng #FillingStations
https://here.news/story/82ec0275?ver=0.23
Nigeria Opens CNG Centre to Buy Cheap Fuel and Diversify Energy Sources
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#82ec0275 ver:0.22
Nigeria faces fuel scarcity, leading to economic disruption and price inflation. Businesses suffer losses, motorists face long queues, and commuters walk long distances. Cooking gas prices have dropped due to improved supply and forex availability. Garri prices reach record highs due to artificial scarcity. The government plans to assist fuel marketers in installing CNG pumps to diversify energy sources. CNG adoption can save $2.5 billion yearly and reduce pollution. A CNG centre has opened in Abuja, and plans are underway to introduce CNG-powered vehicles. The economy's struggles are evident in the booming funnel sales for fuel. #Nigeria #FuelScarcity #CNG #EnergyDiversification...
#newstr #FuelScarcity #CookingGasPrices #GarriPrices #Cng #EnergyTransition #Nigeria
https://here.news/story/82ec0275?ver=0.22
Fuel Scarcity in Nigeria Causes Economic Disruption and Price Inflation; Cooking Gas Prices Adjusted as Supply Improves; Cost of Living Soars as Price of Garri Surges in Markets; FG Considers Assisting Filling Stations to Sell Fuel Priced at N200
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#82ec0275 ver:0.21
Fuel scarcity in Nigeria has caused economic disruption and price inflation, with businesses experiencing losses and SMEs rationing operating hours. Motorists face long queues and commuters walk long distances due to increased transport fares. Cooking gas prices have adjusted following improved supply and forex availability. The price of garri has reached record highs due to artificial scarcity. The government is considering assisting fuel marketers in installing CNG pumps. The use of CNG vehicles could save $2.5 billion and 6 million liters of fuel per day. The economy's struggles are reflected in the booming funnel sales. #FuelScarcity #EconomicDisruption #PriceInflation #CookingGas #Garri #CNG #Nigeria...
#newstr #FuelScarcity #CookingGasPrices #GarriPrices #GovernmentAssistance #CngpoweredVehicles #EnergyTransition #CostSavings #EnvironmentalImpact
https://here.news/story/82ec0275?ver=0.21
Fuel Scarcity in Nigeria Causes Economic Disruption and Price Inflation; Cooking Gas Prices Adjusted as Supply Improves; Cost of Living Soars as Price of Garri Surges in Markets; FG Considers Assisting Filling Stations to Sell Fuel Priced at N200
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#82ec0275 ver:0.2
Fuel scarcity in Nigeria causes economic disruption and price inflation. Cooking gas prices adjust as supply improves. Cost of living soars as price of garri surges. Government considers assisting filling stations to sell fuel priced at N200. #FuelScarcity #EconomicDisruption #PriceInflation #CookingGas #CostOfLiving #Garri #Nigeria...
#newstr #FuelScarcity #CookingGasPrices #GarriPrices #GovernmentAssistance #CngpoweredVehicles #EnergyTransition #CostSavings #EnvironmentalImpact
https://here.news/story/82ec0275?ver=0.2
Fuel Scarcity in Nigeria Causes Economic Disruption and Price Inflation; Cooking Gas Prices Adjusted as Supply Improves; Cost of Living Soars as Price of Garri Surges in Markets; FG Considers Assisting Filling Stations to Sell Fuel Priced at N200
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#82ec0275 ver:0.19
Fuel scarcity in Nigeria causes economic disruption and price inflation. Cooking gas prices adjust as supply improves, but cost of living soars with the surge in garri prices. The government considers assisting filling stations to sell fuel priced at N200. #FuelScarcity #EconomicDisruption #PriceInflation #CookingGas #CostOfLiving #GarriPrices #Nigeria...
#newstr #FuelScarcity #CookingGasPrices #GarriPrices #GovernmentAssistance #CngAdoption
https://here.news/story/82ec0275?ver=0.19
Factors Predicted to Reduce Petrol Prices in Nigeria by Mid-2024
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#82ec0275 ver:0.15
Factors predicted to reduce petrol prices in Nigeria by mid-2024 include the strength of the naira against the dollar and the entry of the Dangote refinery into the fuel market. The reduction in diesel costs for transportation logistics and reduced reliance on imported crude oil will contribute to lower landing costs and pump prices. However, international oil prices, government policies, and market dynamics can still influence fuel prices. #PetrolPrices #Nigeria #DangoteRefinery #FuelMarket...
#newstr #Petrol #FuelPrice #Nigeria #DangoteRefinery #Naira #Dollar
https://here.news/story/82ec0275?ver=0.15
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Notes by Factors Predicted to Reduce Petrol Prices in Niger... | export