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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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PETAN-Operators: : We Will Demstify Oil & Gas Production In The Country




 

NNPCL's  GCEO, Mele Kyari


By  Favour Ifeoluwa & Akinola Ajibade

The Nigerian National Petroleum Company Limited ( NNPCL) will demisyify the cost of oil and gas production soon, Its Chairman, Chairman, Mr Wole Ogunsanya has assured. 
He gave the assurance, when he led members of his team during a courtesy call to the Group Chief Executive Officer of NNPC, Mr Mele Kolo Kyari at the NNPC Towers in Abuja
In a statement signed by PETAN's Executive Secretary, Engr Innocent Akuvee and made available to the News Mirror, he said"  Realising that all hands must be on deck in line with the Presidential Mandate to move the economy through increased production, Ogunsanya pledged all encompassing capacity which its members have garnered for decades on local content journey to ramp up oil and gas production for the country at a reduced cost".
" Our cost of production compared to other countries is too high and at PETAN, we feel the responsibility to bridge the gap   of cost of production and sales through collaboration with the Federal government, regulators and NNPC Limited.
In the next few years,70 per cent of onshore assets Will be owned by Nigerians and PETAN has the strategy to maximise the footprints from these assets through a well articulated model that will maste in full value chain of  production, exploration, midstream and downstream activities. 
The Model Project will start within 5,000  to 15,000 pobd using our cost saving technologies and then upscale to support all onshore projects and NNPCL" 
Meanwhile, NNLCL GCEO, Mele Kyari regretted his inability to physically received the PETAN Team, but expressed delight that PETAN remains a dependable partner in the industry, despite the critical changes its undergoing especially in respect to ramping up oil  production.
" We have a very determined President, who makes procurement easier now, fiscal systems have improved tremendously, as well midstream and upstream development,all of which creates opportunities, which we need to collaborate with for growth.
Also, the Executive Vice Chairman, Upstream and NNPCL, Mrs Oritsemeya Eyesan, who physically received PETAN Team on behalf of GCEO said that it was gratifying to hear the aspirations of PETAN, whích align with the Federal Government and by extension, NNPCL. 
" From our humble beginning, we thought that the industry would morphp us into something larger, but today, but today, we are starting new beginnings with a good number of investments that are about to be concluded , presenting opportunities in the industry and are to be run by Nigerians for Nigerians, a development, which necessitate a stronger synergy between the new operators and PETAN as technical services  providers. 



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