NMDPRA Raises Gas Price For GenCos to $2.18/mmbtu

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised the natural gas price for power generation companies (GenCos) to $2.18 per million metric British thermal units (MMBTU). This marks a $0.05/MMBTU hike from the earlier rate of $2.13 per MMBTU. In a circular released on Tuesday, the regulator outlined the updated domestic base […]

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