NNPC Plans Replacement of Over 5,000km Dilapidated Pipelines in 3 Years
The Nigerian National Petroleum Company Limited (NNPC) on Thursday said that it plans to replace almost all the over 5,000 pipelines network scattered across the country in the next three years.
Nigeria currently transports a large portion of its fuels through tankers and other inefficient means, considerably raising the cost of production and by extension the pricing of products.
Speaking at the 2024 edition of the Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum (SPE OLEF) held in Abuja, the NNPC Group Chief Executive Officer, Mr Mele Kyari, explained that pipelines remain the most efficient and cost-effective way of transporting petroleum products.
He stated that a Build, Operate and Transfer (BOT) mechanism had already been kicked off to ensure that the process is completed by 2027, stressing that trucking products by road remains a critical challenge to the oil and gas sector.
He listed some of the infrastructural projects being undertaken by the NNPC to help bridge the energy access gap in Nigeria to include the Obiafu/Obrikom/Oben (OB3) and Ajaokuta-Kaduna-Kano (AKK) pipelines, adding that they are designed to enhance the nation’s gas supply network.
According to him, insecurity remains one of the most critical challenges in the oil and gas sector and still poses a threat to ramping up production despite government efforts.
NNPC Plans Replacement of Over 5,000km Dilapidated Pipelines in 3 Years
The Nigerian National Petroleum Company Limited (NNPC) on Thursday said that it plans to replace almost all the over 5,000 pipelines network scattered across the country in the next three years.
Nigeria currently transports a large portion of its fuels through tankers and other inefficient means, considerably raising the cost of production and by extension the pricing of products.
Speaking at the 2024 edition of the Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum (SPE OLEF) held in Abuja, the NNPC Group Chief Executive Officer, Mr Mele Kyari, explained that pipelines remain the most efficient and cost-effective way of transporting petroleum products.
He stated that a Build, Operate and Transfer (BOT) mechanism had already been kicked off to ensure that the process is completed by 2027, stressing that trucking products by road remains a critical challenge to the oil and gas sector.
He listed some of the infrastructural projects being undertaken by the NNPC to help bridge the energy access gap in Nigeria to include the Obiafu/Obrikom/Oben (OB3) and Ajaokuta-Kaduna-Kano (AKK) pipelines, adding that they are designed to enhance the nation’s gas supply network.
According to him, insecurity remains one of the most critical challenges in the oil and gas sector and still poses a threat to ramping up production despite government efforts.
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