NNPC LTD REAFFIRMS DRIVE FOR DOWNSTREAM REVAMP AT 2025 OTL AFRICA WEEK
GREATRIBUNETVNEWS–THE Nigerian National Petroleum Company (NNPC) Ltd. has underscored its dedication to revamping and expanding downstream infrastructure nationwide.
At the opening of the *2025 OTL Africa Downstream Energy Week* in Lagos, Group Chief Executive Officer Engr. Bayo Ojulari emphasized that the sector must move beyond competition to a model built on collaboration, sustainability, and resilience.
Speaking under the conference theme “Energy Sustainability: Beyond Boundaries & Competition,” Ojulari affirmed NNPC’s commitment to driving efficiency and partnership across the downstream value chain to ensure lasting energy security for Nigeria.
“At NNPC, we are committed to deploying additional infrastructure across the oil and gas value chain while revamping our existing downstream infrastructure nationwide. These assets will be accessible to partners seeking to store and transport products, supporting strategic alliances and collaboration in the downstream sector,” the GCEO said.
He disclosed that a cocktail of factors ranging from strategic policies and fiscal incentives to transparent and well-structured regulatory frameworks exemplified by the PIA have engendered expansion and growth in the sector requiring new skill sets and further investments in new lines of business such as Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects.
He urged participants at the conference to discuss challenges and align on opportunities “to redefine energy systems in ways that are both profitable and sustainable, to forge cross-sector partnerships that transcend traditional competition, and to explore innovative business models and technologies that support decarbonization while driving economic value”.
The OTL Africa Downstream Energy Week is the continent’s leading downstream and midstream energy event for international organizations, policy makers, regulators, development organisations, operators, service providers, and consumers in the downstream energy value-chain.
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