NNPC to emerge among top 5 gas coys in 10 years – Kyari | Dailytrust

NNPC to emerge among top 5 gas coys in 10 years – Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari

The Group Managing Director and CEO of the Nigerian National Petroleum Company Ltd (NNPCL), Mallam Mele Kyari has said the company targets to be among the top five gas firms globally in the next 10 years.

Kyari spoke at the ongoing Nigerian International Energy Summit (NIES) in Abuja on Wednesday. In his keynote address titled, ‘Changing Strategies for the Future of NNPC Ltd’, Kyari said: “We are building gas super-highways to connect gas sources to both existing and new markets. My vision is to see NNPC emerge as one of the Top 5 Gas companies within the next decade.”

He commended President Muhammadu Buhari for birthing a new NNPC. “At the bedrock of the new NNPC is the creation of shared prosperity, partnerships that deliver energy to the people, enable progress, and uplift a larger segment of the society.”

Kyari also said the growth of the gas business and low carbon intensive oil remains the focus. “We would invest in more oil and gas, however with increased efficiency in production, the investment in gas infrastructure to harness the gas resources both for domestic and export markets is already underway.

“Our partnerships will be designed to innovate with advanced products, increase retail market footprints through strategic retail partnerships. NNPC will be a part of every home, workplace, and industry,” said Kyari.

The NNPC helmsman further urged support from stakeholders. “We are open to scrutiny, as partners we would jointly evaluate the progress and reassess areas requiring change or improvement.”

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410