By Abiodun JIMOH
Mele Kyari, Group CEO of NNPC Ltd, has reaffirmed the company’s commitment to addressing Nigeria’s complex energy challenges by prioritizing energy security, sustainable growth, and affordability. Speaking at the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual Conference and Exhibition in Lagos, Kyari emphasized NNPC’s active role in developing a balanced energy future for the country.
Kyari announced that NNPC is finalizing plans to launch 12 new Compressed Natural Gas (CNG) stations along with mini Liquefied Natural Gas (LNG) plants. This effort is part of a larger strategy to boost the existing 1.6 billion standard cubic feet (bscf) of daily gas supply for domestic consumption.
“The energy trilemma is a profound responsibility we shoulder as stewards of Nigeria’s energy future. NNPC Ltd is working tirelessly to improve our supply chain, develop new refining capacities, and expand our retail network,” Kyari stated.
NNPC is also moving forward with plans to collaborate with private refineries to stabilize fuel supplies while expanding crucial gas infrastructure projects, including the Ajaokuta-Kaduna-Kano (AKK) and Obiafu-Obrikom-Oben (OB3) gas pipelines. These projects, Kyari noted, will help facilitate access to cleaner energy options like CNG and LNG.
In addition to infrastructure, Kyari praised President Tinubu’s efforts to mitigate foreign exchange pressures by reducing fuel imports and bolstering Nigeria’s refining capacity. NNPC’s partnership with the privately-owned Dangote Refinery was highlighted as a key investment to ensure sustainable fuel supplies.
Kyari addressed rumors suggesting that NNPC is undermining local refineries, clarifying that NNPC’s investment in the Dangote Refinery underscores its commitment to strengthening domestic fuel production and stabilizing energy prices.
“Resolving the energy trilemma requires bold ideas, shared knowledge, and collective determination. Together, let us build a Nigeria where energy is secure, sustainable, and affordable for all,” Kyari concluded.
