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24 Dec 19, 3 tweets, 2 min read
BREAKING:

@NNPCgroup, #Chevron Nigeria Ltd (CNL) Resolve Cost Dispute on Escravos Gas to Liquid (EGTL) Project.

The project will see #CNL supply an average of 400mmscf/day, equivalent of 26% total domestic gas supply, the highest by any IOC in the domestic market.

Details...
Following this resolution, @NNPCgroup equity in the EGTL Plant will increase from 20% to 60%, even as the Plant will domesticate 1.70million litres per day of premium diesel (14% of Nigeria's daily consumption)....
In all, the EGTL Project will bring loads of benefits to the #Nigerian economy as well as to the #CNL: energy supply, improved gas utilisation, fiscal receipts and a renewed social licence to operate.

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More from @NNPCgroup

NNPC Group Profile picture
28 Feb
PRESS RELEASE:

#NNPC Says No Increase in Fuel Price in March
…Cautions against Hoarding, Panic Buying

Thread...
1. Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (#NNPC) has ruled out any increment in the ex-depot price of petrol in March, 2021.
2a. A press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the Corporation was not contemplating any raise in the price of petrol in March in order not to jeopardize ongoing engagements with organized labour and...
Read 8 tweets
NNPC Group Profile picture
18 Feb
PRESS RELEASE:

No Increase in Fuel Price in February - #NNPC

In spite of the rise in the price of crude oil in the international market, the #NNPC has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021.

Thread...
2. This was disclosed in a press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru @kennieobateru.
3. The statement explained that the decision was to allow ongoing engagements with organized labour and other stakeholders on an acceptable framework that will not expose the ordinary Nigerian to any hardship, to be concluded.
Read 7 tweets
NNPC Group Profile picture
29 Jan
#HappeningNow at #Transcorp, #Abuja:

Announcement of Final Investment Decision (#FID) for Brass Fertiliser & Petrochemical Company Ltd (BFPCL)'s Integrated Project.

Details shortly...
The BFPCL is an incorporated company which has @NNPCgroup, @OfficialNCDMB & DSV Engineering as Shareholders. Today's significant milestone of achieving an #FID symbolizes the full support of the Fed Govt for the construction & operation of “the first Methanol Plant in Nigeria”.
GMD @NNPCgroup Mallam @MKKyari:

"When completed, the BFPCL Project will bring about 3 Billion Dollar foreign direct investment, generate employment of 30,000 jobs during construction period and 5,000 during operations. This is a huge milestone" #BrassFertiliser_FID #DecadeOfGas
Read 4 tweets
NNPC Group Profile picture
17 Oct 20
PRESS RELEASE

Otedola Bridge Explosion: @NNPCgroup Commiserates with Victims, Lagos Govt

Thread...👇

1a. The #NNPC has commiserated with the Govt and people of Lagos State and especially the victims over the unfortunate tanker explosion which occurred on the Otedola Bridge..
1b... in Lagos, in the early hours of Saturday.
2a. According to reports, the unfortunate incident occurred when a container truck loaded with fabric experienced a brake failure and collided with a 33,000ltrs fuel tanker loaded with Premium motor spirit (PMS), belonging to a downstream operator,...
Read 8 tweets
NNPC Group Profile picture
15 Oct 20
BREAKING:

@NNPCgroup Releases 2019 Audited Financial Statement, Reduces Loss by 99.7%

#Transparency
#Accountability
#PerformanceExcellence
#TAPE
 
THREAD...👇
1. Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (#NNPC) has released its 2019 Audited Financial Statement with a 99.7% reduction in its loss profile from ₦803bn in 2018 to ₦1.7bn in 2019.

#TAPE
2a. A statement by the Corporation's spokesman, Dr. Kennie Obateru, quoted the NNPC Chief Financial Officer, Mr. Umar Ajiya, as saying that the 2019 Audited Financial Statement, which was concluded five months after the release of the 2018 Audited Financial Statement...,

#TAPE
Read 10 tweets
NNPC Group Profile picture
14 Oct 20
#HappeningNow in #Owerri, #Imo State:

GMD @NNPCgroup Mallam @MKKyari delivers the Goodwill Address at the South East Gas Utilisation Forum 2020.

The GMD is represented by #NNPC's Chief Operating Officer, Gas & Power, Engr Yusuf Usman.

#SouthEastGasForum #YearofGas

Details👇
"#NNPC as an enabler orgn has since realised the obvious economic importance of gas & has consistently taken concerted steps to delivering the right infrastructure & commercial structures that deliver value to customers & all stakeholders." --GMD @MKKyari @ the #SouthEastGasForum
"A good example is the imminent completion of the landmark OB3 gas pipeline project which will help commercialize over 2BCF/D of gas and generate Billions in revenue and thousands of employment opportunities." ---GMD @MKKyari
at the #SouthEastGasForum
Read 6 tweets

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