The Nigerian National Petroleum Company (NNPC) Limited’s group chief executive officer (GCEO), Bayo Ojulari, says Nigeria is still dedicated to working with other African countries to provide sustainable energy security throughout the continent.
Andy Odeh, the spokesperson for NNPC, said that Ojulari was a speaker at the 7th African Petroleum Producers’ Organization (APPO) National Oil Companies CEOs Forum.
Africa must expedite its energy transformation and safeguard its energy future, he emphasized.
Ojulari emphasized the fall in European investments in refineries that use fossil fuels, the majority of which are anticipated to be phased out by 2030.
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In light of this trend, the GCEO stated that Africa must take strong action to utilize its wealth of energy resources for the benefit of its citizens.
African resources and policies must be taken responsibility for. We should be the ones creating our policies. I have faith that the continent can ensure its energy future with our abundant resource base and enhanced governance systems,” he stated.
The NNPC GCEO emphasized the strategic infrastructure initiatives that the company is leading, such as the Ajaokuta–Kaduna–Kano (AKK) gas pipeline project, which aims to improve connectivity throughout Nigeria’s energy system.
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The Nigeria–Morocco Gas Pipeline Project, an expansion of the West African Gas Pipeline (WAGP) intended to promote regional integration and cross-border energy trade, was another project he emphasized.
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“The framework is functioning now, despite initial difficulties with alignment, payments, and cooperation. According to Ojulari, the pipeline will initially be extended to Côte d’Ivoire before eventually reaching Morocco.
He added that new opportunities have been made available throughout the oil and gas value chain due to the Petroleum Industry Act (PIA), which has established an atmosphere that is conducive to investment.
Ojulari noted that Nigeria has reached 100% pipeline availability for the first time in 20 years through improved cooperation with host communities and security agencies. This milestone, he said, has given investors newfound trust in Nigeria’s energy infrastructure.
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By comparing NNPC to international energy giants like Petrobras, Petronas, and Saudi Aramco, Ojulari underlined NNPC’s willingness to work together, exchange information, and promote group advancement with African counterparts in order to realize the continent’s entire energy potential.
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