NMDPRA Speaks On Stopping Gas Supply To GenCos Over ₦2 Trillion Debt

NMDPRA Speaks On Stopping Gas Supply To GenCos Over ₦2 Trillion Debt …C0NTINUE READING HERE >>>

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has debunked claims of cutting the gas supply to power generating companies (GenCos).

The Authority described reports that it directed the stoppage of gas supply to GenCos over ₦2trn debt as “false and completely unfounded”.

Speaking via a statement on Wednesday, NMDPRA also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.

“It…

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