Babatunji Wusu –
The Nigerian National Petroleum Company (NNPC) Limited has stated that as it evaluates business portfolios that will result in improved gas business initiatives for export and support for the nation’s energy transition program, it is extending partnering engagements.
The NNPCL’s group chief executive officer (CEO), Mele Kyari, reaffirmed the organization’s strategic positioning on Tuesday while speaking at the ongoing Abu Dhabi International Petroleum Exhibition and Conference being held in the United Arab Emirates.
The Reinvention of a NOC: Strategic Partnerships for Advanced Decarbonization was the topic of Kyari’s speech.
According to the statement, the suspects admitted during questioning that they were responsible for the kidnapping of seven students from the University of Jos (UNIJOS) in July 2023. One AK-47 weapon that was taken from the suspects was found to be loaded with 12 7.62mm Special bullets.
He stressed that NNPC Ltd. is doubling down on forming synergistic alliances aimed at optimizing the energy mix for the present while planning for future market dynamics in his discussion of cleaner energy fuels.
The present management, led by Kyari, is focused on developing Nigeria’s natural gas for the export market in keeping with the NNPC’s transformation into a limited business and Nigeria’s goal for an energy transition.
The NNPC Ltd. is leading Nigeria’s push for greater investments that will unlock these energy sources as attention shifts away from fossil fuels to more environmentally friendly energy sources. Nigeria’s goal of achieving energy transition is to develop its natural gas for the export market.
In addition, the OPSH reported that its troops had detained Mr. Goma Abubakar and Jibril Abass in connection with the attack on Takania village in Kaduna State’s Zango Kataf LGA, where six people had been brutally slain.
The nation’s reserves total 208.83 trillion cubic feet of gas and 36.97 billion barrels of oil.
Nigeria reportedly holds 33% of Africa’s entire gas reserves, which amount 620 trillion cubic feet (tcf).
The NNPCL is investigating investment options at the event that align with its core value of sustainability.
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Between October 2 and 5, 2023, more than 2,200 exhibitors, 54 national oil firms, and 30 international pavilions will gather to address some of the most important energy concerns, progress decarbonization, and future-proof our energy system.
The conference will also give attendees the chance to learn about advanced decarbonization strategies from leaders in the energy sector at the Decarbonization Accelerator, while also examining the newest products and innovations from specialized industry sectors for manufacturing and industrialization, maritime and logistics, and energy digitalization.
