#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

"#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
"Others include Asah North-Ohaji South gas project,which is one of the largest greenfield gas condensate devt projects ever undertaken in Nigeria. The two fields are expected to produce 600Mscfd of gas equivalent to approx 2.4GW of electricity" --GMD @MKKyari
@ #SouthEastGasForum
"In line with the HMSPR’s declaration of 2020 as the “Year of Gas”, the timing of this unique forum of critical gas-to-power stakeholders would proffer practical end-to-end energy solutions to industries within the South East region & beyond." --GMD @MKKyari at #SouthEastGasForum
"I salute the ingenuity & enterprising spirit of our South East Industrialist, entrepreneurs & biz leaders. Evidently, the business community is well-placed to further support the FG’s economic devt plan to move Nigeria from being a crude oil export-based economy"---GMD @MKKyari

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More from @NNPCgroup

15 Oct

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

THREAD...👇 ImageImageImage
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 ImageImageImage
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 ImageImageImage
Read 10 tweets
18 Mar


In compliance with the directives of the Honourable Minister of State for Petroleum Resources on PMS pricing, the Corporation has reviewed its Ex-coastal, Ex-depot and NNPC Retail pump prices accordingly.

2. Effective 19th March 2020, NNPC Ex-Coastal price for PMS has been reviewed downwards from N117.6/litre to N99.44/litre while Ex-Depot price is reduced from N133.28/litre to N113.28/litre.
3. These reductions will therefore translate to N125/litre retail pump price.
Read 5 tweets
5 Aug 19
#HappeningNow: GMD @NNPCgroup @MKKyari delivers the Industry Adress at the @SPE_NIGERIA #NAICE2019.

@MKKyari: "I am grateful for the privilege given to me to address this very important conference and distinguished audience. I am attuned with the theme of this year’s conference, especially at this time that the industry is becoming increasingly ambitious and also challenged."
@MKKyari: No doubt, the emergence of Artificial Intelligence has altered the dynamics of our operations by providing quicker processes & interventions in the conduct of petroleum operations. This also is on the back of big data that provides the platform for effective AI system."
Read 15 tweets
11 Jul 19

Disregard Trending Rumour of Impending Hike in Pump Price of Petrol, Says @NNPCgroup

… Clarifies Statement of its GMD
The #NNPC has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike in the pump price of Premium Motor Spirit (PMS), otherwise called petrol..
..., saying the statement of the corporation’s GMD, Mallam @MKKyari, at the @nassnigeria yesterday did not suggest any plan to increase the price of the white product.
Read 13 tweets
8 Jul 19
Outgoing GMD @NNPCgroup @DrMKBaru mounts the podium to deliver his Valedictory Address.

#BaruHandsOverToKyari #TransitioninNNPC

@DrMKBaru: "My dear colleagues, it is three years since I took over as the 18th GMD of @NNPCgroup. Over these eventful 1,099 days, I've done my very best to put the Corporation on the path of recovery, then to sustainable growth."

#BaruHandsOverToKyari #TransitionInNNPC
@DrMKBaru: "As always, there is a time when it is proper to leave the scene for fresh blood to continue the journey of leading the Corporation. For me, this time is NOW!"

#BaruHandsOverToKyari #TransitionInNNPC
Read 21 tweets
20 Jun 19
Updates on New Appointments in @NNPCgroup, As @DrMKBaru Statutorily Retires at 60

1. The @NNPCgroup has thrown more light on the newly appointed GMD of the corporation, Mr. @mkkyari, as well as the six Chief Operating Officers and a Chief Financial Officer.

2. A follow-up release on the new appointments by the @NNPCgroup Group General Manager, Group Public Affairs Division, Mr. @NduUghamadu, informed that the new GMD, Mr. @mkkyari, who takes over from  a current occupier of the office, @DrMKBaru, effectively on 8th July 2019...
2b...is until his new appointment the Group General Manager, Crude Oil Marketing Division of @NNPCgroup. @DrMKBaru would retire statutorily on July 7, 2019.
Read 16 tweets

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