By Adedapo Adesanya
The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has said all of Nigeria’s petroleum products are now produced locally.
“Today, NNPC does not import any product, we are taking only from domestic refineries,” he revealed while outlining the vision for Nigeria’s energy future at the opening ceremony of the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition in Lagos, on Monday.
The event was themed Resolving the Nigeria Energy Trilemma: Energy Security, Sustainable Growth and Affordability.
Mr Kyari said this while giving an update on the state oil firm’s relationship with local refineries.
He also said the state oil company is set to collaborate with private refineries to ensure affordable and sustainable petroleum products supply; and Naira-for-crude transactions in order to stabilise the local currency and regulate forex markets.
This, he added, will bring about an expansion of gas infrastructure such as the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and the Obiafu-Obrikom-Oben (OB3) Gas Pipelines projects and the development of cleaner energy options, such as Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG).
It was then Mr Kyari said that the NNPC Limited has stopped importing refined petroleum products and is now off-taking fuel from the Dangote Petroleum Refinery and other local refineries.
Recall that the NNPC was the sole off-taker of Dangote PMS until the federal government permitted other marketers to approach the refinery for direct lifting.
Explaining that the company is expanding its efforts to enhance domestic energy access, the NNPC CEO said the next 3-6 months will see significant project launches, including CNG mother stations, mini-LNG plants, and additional CNG daughter stations.
“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,” he said.
This comes as the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday, said it has secured an agreement with Dangote Refinery to lift products directly.
IPMAN National President, Abubakar Garima, announced this in Abuja after a meeting of the National Working Committee of the Association.
He said the partnership will ensure a steady and affordable supply of PMS products nationwide.
Modupe Gbadeyanka