Oredola Adeola
The Nigerian National Petroleum Company (NNPC) Limited has announced plans to deploy additional infrastructure across the oil and gas value chain and revamp existing downstream assets nationwide, as part of efforts to foster strategic alliances and enhance sustainability in the downstream sector.
Engr. Bayo Ojulari, Group Chief Executive Officer, who was represented at the 2025 OTL Africa Downstream Energy Week by Dr. Mumuni Dagazau, Executive Vice President, Downstream, made this known in his remark.
Speaking on the conference’s theme “Energy Sustainability: Beyond Boundaries & Competition”, Ojulari said competition alone was no longer enough to drive efficiency.
He added that operators must embrace collaboration, sustainability, and resilience as the new benchmarks for success.
According to him, “At NNPC, we are committed to deploying additional infrastructure across the oil and gas value chain while revamping our existing downstream infrastructure nationwide.
“These assets will be accessible to partners seeking to store and transport products, supporting strategic alliances and collaboration in the downstream sector,” the GCEO said.
He disclosed that a cocktail of factors ranging from strategic policies and fiscal incentives to transparent and well-structured regulatory frameworks exemplified by the PIA have engendered expansion and growth in the sector requiring new skill sets and further investments in new lines of business such as Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects.
The GCEO therefore urged participants at the conference to discuss challenges and align on opportunities “to redefine energy systems in ways that are both profitable and sustainable, to forge cross-sector partnerships that transcend traditional competition.
He further charged them to explore innovative business models and technologies that support decarbonization while driving economic value.
