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NNPCL declares war on oil production challenges
The Nigerian National Petroleum Company (NNPC) Limited has declared a state- of- emergency on crude oil and gas production in the country.
The goals, according to the Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari, are to boost the nation’s production capacity and foreign reserves.
Kyari, who explained that the state- of- emergency would focus on tackling ‘’all major obstacles to effective and efficient crude and gas production,’’ added that 12 Compressed Natural Gas (CNG) stations built by NNPC Limited in collaboration with NIPCO Gas would be inaugurated tomorrow in Lagos and Abuja.
He made this known while delivering a keynote address at the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition, in Abuja yesterday
The NNPC Limited boss listed inability of players to act in a timely manner, delays in procurement processes and old crude oil pipelines as some of the impediments to oil and gas production in the country.
He explained that a detailed analysis of assets revealed that the country could conveniently produce two million barrels of crude oil per day instead of the average 1.4 million bpd.
“We have decided to stop the debate. We have declared war on the challenges affecting our crude oil production. War means war. We have the right tools. We know what to fight. We know what we have to do at the level of assets. We have engaged our partners. And we will work together to improve the situation,” Kyari said.
On medium to long-term measures aimed at boosting and sustaining production, the GCEO said NNPC Limited would replace all old crude oil pipelines built over four decades ago and also introduce a rig-sharing programme with its partners.
The deployment of new pipelines and rig sharing programme would ensure that production rigs stay in the country for between four and five years as done in most climes.
Kyari called on all players in the industry to collaborate towards reducing the cost of production and boosting production to target levels.
He expressed the company’s commitment to investing in critical midstream gas infrastructure such as the Obiafu-Obrikom-Oben (OB3) and the Ajaokuta-Kaduna-Kano gas pipelines to boost domestic gas production and supply for power generation, industrial development, and economic prosperity of the country.
By Kayode Sanni-Arewa
The federal government has endorsed the establishment of the Bola Ahmed Tinubu Federal Polytechnic in Gwarinpa, Abuja.
The decision was part of the government’s drive to ensure that every state in the country had at least one federal polytechnic.
The approval of Bola Ahmed Tinubu Polytechnic was conveyed in a letter dated January 9, 2025, by the Education Minister, Dr. Tunji Alausa.
It was addressed to the Minister of the Federal Capital Territory (FCT), Nyesom Wike.
The FCT Minister’s office confirmed receipt of the letter on January 16, 2025.
In the correspondence, Dr. Alausa urged Wike to identify suitable locations in Gwarinpa for both temporary and permanent sites of the polytechnic.
A joint team from the Federal Ministry of Education and the National Board for Technical Education have been listed to inspect the proposed locations before finalizing the site selection.
The Bola Ahmed Tinubu Federal Polytechnic is expected to boost technological education, vocational training, and entrepreneurship development, aligning with the government’s commitment to enhancing technical skills and economic empowerment across Nigeria. [With GWG report]
By Kayode Sanni-Arewa
The Nigerian National Petroleum Company Limited (NNPC Ltd) reports that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise the Christmas Tree and steal crude oil.
This unfortunate act of sabotage, which also resulted in severe damage to the well’s back pressure valve, reflects a disturbing pattern of repeated attacks on wellheads in the zone. Since March 2023, crude oil theft on this asset has been persistent, with criminals now resorting to extreme measures, including the use of dynamite to destroy installations and illegally access hydrocarbons.
NNPC Ltd remains committed to combating these fires and mitigating the financial losses associated with these criminal activities, which place a significant burden on the nation’s economy. The company is working closely with relevant security agencies to put an end to these acts of vandalism.
Additionally, NNPC Ltd reaffirms its commitment to supporting communities affected by these destructive activities and will continue to provide necessary relief efforts to mitigate the impact on those affected.
Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
20th January, 2025
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