Wednesday 2 September 2015

GAS PRICING INTRIGUES HURTING NEW DEALS

diezani-allison-maduekeThe intrigues trailing the formalisation of the gas pricing at $2.50 may have been jeopardising numerous gas-to-power supply deals anticipated by the operating firms in the sector.

The price was approved by the former Minister of Petroleum, Mrs Diezani Alison-Madueke since August last year, but The Guardian gathered that the price has not been properly formalised by the appropriate quarters, thereby making it difficult for prospecting contractors to sign various supply agreements.

Read more @ The Guardian

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