The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed Natural Gas (CNG) refill stations for motorists across the country.
Speaking on TVC Business Show, Business Nigeria Live, the Group Managing Director of the Corporation, Mallam Mele Kyari, affirmed that the National Oil Company has already keyed into the gas penetration agenda as championed by the Honourable Minister of Petroleum Resources, Chief Timipre Sylva.
He said as an energy company with focus on cleaner and cheaper sources of fuel, the Corporation would continue to work with other stakeholders in the industry to provide viable alternatives to petrol which would ultimately lead to reduction in demand for the product and eventual reduction in price.
The NNPC GMD reiterated the commitment of the corporation towards openness and greater transparency in its operations, noting that in the months ahead NNPC would make public its 2019 Audited Financial Statements as a sequel to the 2018 AFS released in June.
Kyari also shed more light on the status of the nation’s refineries, noting that the plants were deliberately shut down to allow for a robust diagnosis of the issues which have overtime made it impossible for the facilities to operate up to their name plate capacity.
The GMD said that the shutdown also became inevitable due to difficulties in feeding them with crude oil via the pipelines that have been completely compromised by vandals.
He said the Corporation was moving rapidly to execute complete rehabilitation of the refineries under an exercise that would guarantee restoration of the facilities to at least 90 percent capacity utilization.
862018 621094Now im encountering a fresh short issues Once i cant appear like allowed to sign up for the specific give food to, Now im utilizing search engines like google audience. 148091
240845 554378I dont usually comment but I gotta state thanks for the post on this fantastic one : D. 97423
509883 915265I real pleased to locate this web site on bing, just what I was searching for : D too saved to bookmarks . 970157
326549 619322 warning Dont any of you people ever take me to CiCis pizza! There food looks offensive!|Urban_Elegance| 20014
120372 677182dude this just inspired a post of my own, thanks 328751
772758 348600You already know, lots of persons are hunting round for this info, you could help them greatly. 377329
802259 432887I got what you mean , saved to bookmarks , really decent web site. 326885
Finest news for all us
472078 788296youre in point of fact a excellent webmaster. The internet site loading velocity is incredible. It seems that youre performing any distinctive trick. In addition, The contents are masterpiece. youve done a terrific activity on this topic! 737322