The Nigerian National Petroleum Company Ltd. (NNPC Ltd) is ramping up its investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and OB3 gas interconnector to support domestic gas utilization of up to five billion standard cubic feet per day.
At the sixth edition of the Nigeria International Energy Summit (NIES 2023) in Abuja, Malam Mele Kyari, the Group Chief Executive of NNPC Ltd, revealed that the company was making substantial investments in critical infrastructure.
In addition to the AKK pipeline, NNPC Ltd is developing power plant projects that generate up to five giga watts of electricity. These new power plants will complement the existing ones along the pipeline corridor and across Nigeria.
Mr. Kyari said that NNPC Ltd would continue to support the Federal Government’s initiatives, such as the Decade of Gas and the National Gas Expansion Programme (NGEP), to boost natural gas utilization for alternative transportation fuel, virtual gas supply to off-pipeline grid gas customers, and gas utilization as feedstock for the development of gas-based industries.
Mr. Kyari emphasized that NNPC Ltd would prioritize its mandate of providing energy for Nigeria by delivering reliable energy to stakeholders through efficient utilization of hydrocarbons and new energy sources. He added that NNPC Ltd would leverage partnerships with the industry, government, research institutions, and academia to ensure energy security and sustainability.
Apart from its domestic focus, NNPC Ltd is also pursuing an aggressive gas export market through the expansion of the Nigeria Liquefied Natural Gas company Train Seven, which would increase Nigeria’s LNG production capacity to about 30 million tonnes per annum. In addition, the planned Nigerian Morocco and Trans Sahara Gas Pipeline projects would supply gas to sub-regional African countries and eventually Europe.
RateCaptain reports that NNPC Ltd’s investments in the AKK gas pipeline and power plant projects demonstrate its commitment to delivering reliable energy and supporting the Federal Government’s initiatives.
