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JUST IN:

#AKK Gas Pipeline Project Nears 70% Completion

Earlier today, Group CEO @MKKyari, on an inspection tour of one of the #AKKGasPipeline project sites in Ahoko,Kogi State said the project is almost at 70% completion,with over $1.1bn so far released to finance the project. ImageImageImageImage
GCEO @MKKyari:

"The #AKKGasPipeline is one massive project we are running as @nnpclimited. It has immense value for Nigeria & its socio-economic growth. The project has not stopped for one day. We have continued to fund it despite the absence of third-party financing." ImageImageImageImage
GCEO @MKKyari:

“We have so far spent over $1.1bn on this project from our cashflow. We are a commercial company today. We have inter-company laws within our company now. This company can fund this project, so we do not need any support to deliver this project now." ImageImageImageImage
Read 4 tweets
PHOTO NEWS:

Historic scenes as President @MBuhari today flagged off the Kolmani Integrated Development Project at Barambu, a village straddling Bauchi & Gombe States.

#EnergyforToday #EnergyForTomorrow #KolmaniFlagoff #OilWell ImageImageImageImage
Being an integrated project, the 1st phase will entail an in-situ Oil Refinery of up to 120,000 bpd capacity, a Gas processing plant of up to 500 million standard cubic feet per day, a Power Plant of up to 300-megawatt capacity, and a Fertilizer Plant of 2,500 tons per day. ImageImageImage
In another phase of the project, there'll be a Downstream Oil Terminal/depot for offtake and distribution of the white products coming out of the refinery & further development of the integrated project.

#EnergyforToday #EnergyForTomorrow #KolmaniFlagoff #OilWell #BiggerBarrels ImageImageImage
Read 4 tweets
JUST IN:

1)Earlier today in Nouakchott,Mauritania, @nnpclimited, @OnHym of Morocco,PETROSEN of Senegal & SMH of Mauritania signed 4 MoUs,in furtherance of the implementation of the Nigeria-Morocco Gas Pipeline Project. #EnergyforToday #EnergyforTomorrow #NigeriaMoroccoGasProject ImageImageImageImage
2) Signing the legal documents were the GCEO @nnpclimited, @MKKyari; DG-ONHYM of Morocco, Ms Amina Benkhadra; GM PETROSEN Holdings of Senegal, Adama Djallo and DG SMH of Mauritania, Tourad Abdoul Baghi.

#EnergyforToday #EnergyforTomorrow #NigeriaMoroccoGasPipelineProject ImageImage
3) In his remarks,GCEO @MKKyari said integration of West African economies thru the NMGP is critical for the region's economic growth,adding that @nnpclimited was committed to converting the project into functional value for all transit nations.
#NigeriaMoroccoGasPipelineProject
Read 8 tweets
1) In order to strengthen its downstream business portfolio to enhance profitability & guarantee National Energy Security, @nnpclimited has completed the acquisition of @OVHEnergy Downstream assets.

#EnergyforToday #EnergyforTomorrow #NNPCAcquiresOVHDownstreamAssets
2) These assets include a reception jetty (ASPM) with 240,000MT monthly capacity, 8 LPG Plants, 3 Lubes Blending Plants, 3 Aviation Depots and 12 warehouses.

#EnergyforToday #EnergyforTomorrow #NNPCAcquiresOVHDownstreamAssets
Read 5 tweets

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