The Nigerian National Petroleum Company Limited (NNPC Ltd) has restated its commitment to the development and modernisation of downstream infrastructure across the country to enhance collaboration and efficiency within the energy sector.
According to a press release signed by the Chief Corporate Communications Officer, NNPC Ltd, Abuja, Andy Odeh, Group Chief Executive Officer of NNPC Ltd, Engr. Bayo Ojulari made this known on Monday during 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 emphasised that competition alone could no longer drive efficiency in the sector. He stressed the need for industry players to embrace collaboration, sustainability, and resilience as the new drivers of success.
“At NNPC, we are committed to deploying additional infrastructure across the oil and gas value chain while revamping our existing downstream assets nationwide,” Ojulari said. “These facilities will be accessible to partners seeking to store and transport products, fostering strategic alliances and collaboration in the downstream sector.”
The GCEO further noted that strategic policies, fiscal incentives, and transparent regulatory frameworks, particularly the Petroleum Industry Act (PIA), have spurred expansion and investment in new areas such as Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects.
He urged participants to use the conference as a platform to address challenges and identify opportunities for redefining energy systems in profitable and sustainable ways, promoting partnerships, and advancing technologies that support decarbonisation and economic growth.
The OTL Africa Downstream Energy Week remains Africa’s leading platform for stakeholders in the downstream and midstream energy sectors, bringing together international organisations, policymakers, regulators, operators, and consumers to discuss emerging trends and opportunities across the energy value chain.
