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NNPC destroys 134 Illegal Refineries Recently

A destroyed refinery  By Favour Ifeoluwa & Akinola Ajibade  The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks.  Also, the company said  63 illegal pipeline connections were uncovered during the the weeks .  The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge.  According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation.  It further said that two large boats, which involve
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NNPCL Remains Facilitator Of IOC's Divestment Process

Kyari at the Summit  


By Favour Ifeoluwa & Akinola Ajibade


The Nigerian National Petroleum Company Limited (NNPC Limited) says its role in the divestment of the assets of International Oil Companies( IOCs) is more of a facilitator, not an obstacle,  its Group Managing Director, Mr Mele Kyari has said.

He spoke yesterday ( Tuesday ) during the opening ceremony of the 7th edition of the Nigerian International Energy Summit 2024 (NIES 2024), summit at the State House, Abuja, on Tuesday.

According to him, NNPC's statutory role is to serve as an enabler of national energy security and further that optimal and sustainable production from the divested assets is guaranteed for the benefits of Nigerians. 

He also said that the company’s willingness to invest in the proposed African Energy Bank will be sustained, stressing the development would help in providing energy security.

On investment in energy infrastructure, the GCEO said the completion of the Obiafu-Obrikom-Oben Pipeline is in sight just as  the tunneling across the River Niger was currently ongoing.

He assured stakeholders of the company’s commitment to work with them to close the energy deficit gap and create prosperity for Nigerians, adding that from all indications, all issues of energy scarcity in the country would be over in the next 10 years.

Participants at the  event include key industry and governmental figures  such as Haitham al-Ghais, Secretary-General of OPEC; Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers’ Organization; Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil); Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas); Amb. Nicholas Agbo Ella, Permanent Secretary of the Ministry of Petroleum Resources; and the Minister of Information and National Orientation, Mohammed Idris Malagi, who represented the Nigerian President, Bola Ahmed Tinubu.

 

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