NNPC Restates Commitment to OPEC+ Agreement

mele kyari on, opec+ downstream deregulation litres of petrol

NNPC Restates Commitment to OPEC+ Agreement The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, aimed at stabilizing the global oil market. The Group Managing Director of NNPC, Mallam Mele Kyari, stated this Wednesday while speaking at the ongoing virtual Gulf Intelligence “Global” UAE Energy Forum 2021. Mallam Kyari noted that despite the negative effects of the production cut on government revenue, it was the best step towards redeeming the…

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NNPC says no cause for alarm over gas pipeline rupture

Lagos-Ibadan-expressway-gas-pipeline-rupture happens Wednesday morning

The Nigerian National Petroleum Corporation (NNPC) has assured of safety around the scene of a gas pipeline rupture along the Lagos-Ibadan Expressway. A press release by the NNPC spokesperson, Dr Kennie Obateru, stated that the gas pipeline rupture which was caused by a construction company carrying out excavation work in the area resulted in gas leakage which was promptly contained through the efforts of NNPC Team, officials from the Lagos State Government, and other stakeholders.  “The impacted section of the pipeline has been isolated and the pipeline depressurized such that…

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Senate Lauds NNPC on Gas Development Projects

senate, nnpc debate gas development projects in Nigeria

The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken, especially the Ajaokuta- Kaduna- Kano (AKK) gas pipeline project. Speaking during the 2021 Budget Defense and Performance Appraisal meeting with officials of the Corporation which held at the National Assembly Complex, Chairman of the Committee, Senator James Manager, expressed satisfaction with the various gas development projects embarked upon by the NNPC despite the impact of Covid-19 on the oil and gas industry, saying: “We are proud of the…

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Scarcity: NNPC has 2bn litres of petrol in stock – Kyari

mele kyari on, opec+ downstream deregulation litres of petrol

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured motorists of ample availability of Premium Motor Spirit (PMS) revealing that the Corporation has not less than two billion litres of petrol in its strategic depots across the country. In a press release by the corporation’s Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, the GMD attributed the emergence of queues in some petrol stations across the country to the disruption of the free flow of vehicular movement occasioned by curfews and…

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Downstream deregulation will boost investment – Kyari

mele kyari on, opec+ downstream deregulation litres of petrol

The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity. This was the submission of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, at the African Refiners Association (ARA) Week 2020 which held virtually with the theme: “Towards Cleaner Fuels for Cleaner Air.”  A press release by the Group General Manager, Group Public Affairs Division of NNPC, Dr Kennie Obateru, stated that the GMD delivered a…

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NNPC plans growth in domestic gas utilization

nnpc facility in rivers state

In keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the Nigerian National Petroleum Corporation (NNPC) is focusing on growing the nation’s domestic gas utilization for balanced economic growth. Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this Tuesday at the BusinessDay Energy Series Summit which held virtually with the theme: “Nigeria at 60: Harnessing Nigeria’s Energy for the Future”. A press release by the Corporation’s spokesman, Dr. Kennie Obateru, quoted the GMD as restating NNPC’s commitment to the aggressive implementation of the…

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Local Content: NNPC advocates capacity upgrade

NNPC GMD addressing participants at local content

In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation (NNPC) says indigenous companies operating in the nation’s oil and gas sector must upscale their capacity for global competitiveness.   The Group Managing Director of NNPC, Mallam Mele Kyari, stated this recently at a virtual stakeholders consultative summit organized by the Senate Committee on Local Content.  A press release by NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, quoted the NNPC GMD as saying that there was…

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Explosion rocks NNPC facility in Rivers

The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture. The incident, which occurred on Tuesday during the installation of a ladder on a platform (Benin River Valve Station) for access during discharging of Gbetiokun production, unfortunately caused 7 fatalities, a release by NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, has said. The release stated that detailed investigation of the cause of the explosion…

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NNPC allays fears of possible fire on dripping Lagos Pipeline

Innovative gas infrastructure: A panacea to solving Nigeria’s power problem

… Says Leaking Line Contains Water, Not Petrol The Nigerian National Petroleum Corporation (NNPC) has called on members of the public to discountenance reports of a possible fire outbreak from a vandalized point on its pipeline at Aboru Canal in Alimosho Local Government Area of Lagos State, saying that the there is no such hazard as the line in question has since been shut down for repairs and presently contains only water. The corporation, in a release by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, explained…

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Delivery of AKK Project part of Next Level Agenda, says Buhari

Buhari AKK Project lunch via zoom

President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano Gas Pipeline, AKK project is part of his Administration’s Next Level Agenda for sustainable development and economic prosperity of Nigeria. The President, who stated this Tuesday while flagging off construction works on the AKK project via a virtual link from the State House in Abuja to two locations in Ajaokuta in Kogi State and Rigachukun, Kaduna State, said when completed the project would provide gas for generation of power and feedstock for gas-based industries, and also facilitate the revival…

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