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.
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
4) Also speaking, DG ONHYM, Ms Amina Benkhadra said her organisation was committed towards the integration of West African economies through the project, which she said will help cut down GHG emissions and meet up with Europe’s gas requirements.
5) On his part, the GM PETROSEN Holdings, Adama Djallo thanked the Government of Mauritania for hosting the signing ceremony of the execution of the NNPC/ONHYM/Petrosen Tripartite MoU, adding that the Senegalese NOC will work with all partners to make the cooperation successful.
6) Today's MoU signing was a follow-up to the MoU signed between the @nnpclimited, Office National des Hydrocarbures et des Mines (ONHYM) of Morocco and the @ecowas_cedeao, held on 15th September, 2022 in Rabat, Morocco.
7) Once completed, the NMGP Project will supply about 3bscfd of gas along the West African Coast from Nigeria, Benin, Togo, Ghana, Cote d'Ivoire, Liberia, Sierra Leone, Guinea Bissau, Gambia, Senegal and Mauritania to Morocco.
8) Other benefits of the NMGP Project include improving the living standards of people, integration of the economies within the Sub-region & mitigating against desertification through sustainable & reliable gas supply. #EnergyforToday#EnergyforTomorrow#NigeriaMoroccoGasPipeline
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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.
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.
#NNPC Says No Increase in Fuel Price in March
…Cautions against Hoarding, Panic Buying
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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...
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.
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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.
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”.
"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
Otedola Bridge Explosion: @NNPCgroup Commiserates with Victims, Lagos Govt
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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,...
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.
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...,