NNPC's Investment
- Details
- Category: NNPC
- Published on Monday, 03 May 2010 00:00
- Written by Admin
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What is upstream/downstream investment?
Upstream investment is the investment in oil exploration and production while downstream investment is the investment in every other sector of the oil industry that has to do with LNG, refining, marketing, distribution etc
What is the relationship between National Petroleum Investment and Management Services Division – NAPIMS and the Commercial and Investment Division of NNPC?
National Petroleum Investment and Management Services (NAPIMS) is the Corporate Strategic Unit (CSU) that manages the Federal Government’s Investment in the upstream Petroleum industry while the Commercial Investment Division manages NNPC core investments in the service and Downstream sector.
What is renewable energy?
Renewable is energy from a source which can be managed, so that it is not subject to depletion in a human time scale.
What is E10? How is it different from PMS?
E10 is a blend of 10% by volume Ethanol and 90% by volume Gasoline. E10 gasoline (also referred to as Gasohol) differs from PMS in that it contains oxygen which results in more complete fuel combustion thereby reducing harmfulemissions.
What is the acceptability level of E10 as a form of fuel from the consumer and Environment stand points?
E10 is an environmentally friendly form of fuel that has been very well accepted in other countries, e.g.
How will PPMC role be affected by the introduction of E10 to the Nigerian market?
Nothing really changes at least in the early stages except that with the introduction of E10, PPMC now has a new supplier it needs to interact with, i.e., the import traders. Refineries will continue to supply PPMC based on same processes as before however, there may be the need to adapt refinery facilities to handle ethanol especially when the programe is expanded. In terms of how supply and demand management processes are concerned, there will be no change.
What is the colour of E10?
The colour of E10 is green connoting environmental friendliness.
What is Green House Gases (GHG)?
GHGs are gases such as carbon mono-oxide and carbon dioxide whose presence in the atmosphere results in the earth’s surface being warmer than it would otherwise be (Global warming).
Why make Ethanol from biomass?
The essence of making ethanol from biomass is to integrate the Agricultural sector with the Petroleum sector of the economy. This would enable Nigerians reap the benefits of job creation.
What is the yield of ethanol from Biomass?
One (1) ton of sugarcane yields approximately
