The Nigerian National Petroleum Company Limited (NNPC Ltd) has reiterated its commitment to developing and revamping downstream infrastructure across the country to enhance collaboration and drive efficiency in the energy sector.
Group Chief Executive Officer of NNPC Ltd, Engr. Bayo Ojulari, made this known on Monday at the opening ceremony of the 2025 OTL Africa Downstream Energy Week held in Lagos.
Speaking on the conference theme, “Energy Sustainability: Beyond Boundaries & Competition,” Ojulari noted that competition alone was no longer sufficient to drive sectoral efficiency. He emphasized the need for collaboration, sustainability, and resilience as the new benchmarks for success in the evolving global energy landscape.
“At NNPC, we are committed to deploying additional infrastructure across the oil and gas value chain while revamping our existing downstream infrastructure nationwide,” Ojulari said. “These assets will be accessible to partners seeking to store and transport products, supporting strategic alliances and collaboration in the downstream sector.”
The GCEO further highlighted that strategic policies, fiscal incentives, and transparent regulatory frameworks—such as those provided by the Petroleum Industry Act (PIA)—have fostered expansion and growth in the industry. This progress, he said, calls for new skill sets and investment in emerging segments including Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects.
Ojulari also urged participants to use the OTL platform to address sectoral challenges and align on opportunities to “redefine energy systems in ways that are both profitable and sustainable.” He encouraged collaboration across sectors to develop innovative business models and technologies that support decarbonization while driving economic growth.
