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Look beyond train 7, Kyari tells NLNG mgt.

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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has urged management of Nigerian Liquefied Natural Gas (NLNG) to look beyond the execution of the final investment decision (FID) on Train-7.

The final investment decision is billed for October 2019.

Kyari disclosed this while receiving the top-level NLNG management team, led by its Managing Director, Mr Tony Attah, at the NNPC Towers on Tuesday in Abuja.

Kyari, in a statement issued by Mr Ndu ughamadu, the NNPC Spokesman, charged the company to consider the October Train-7 FID on the project as a done deal.

He noted that the focus should be on “what else can we do beyond Train7 to expand NLNG operations?’’

Nigeria News Agency reports that the eight million tonnes per annum (MTPA) Train-7 project is designed to expand the company’s production capacity from 22 MTPA to 30 MTPA.

He assured NLNG of the unflinching commitment of the Federal Government and the NNPC management in the future expansion drive of NLNG.

“All obstacles that could impede the actualisation of the Train-7 FID project should be promptly identified and removed ahead of the October 2019 timeline,” he said.

Earlier in his presentation, Attah applauded the historic role of the NNPC in the successful midwife of NLNG 30 years ago through ‘sheer vision and sense of purpose’.

He said that the company would be relying on the usual invaluable support from the corporation to achieve the successful execution of the Train-7 FID project and lots more.

The NLNG managing director said that the project would generate 12,000 jobs, with massive boost on the nation’s economy.

 

Oil & Gas

NHIS accredits NNPC Health Maintenance Organisation

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National Health Insurance Scheme (NHIS) has accredited the  Health Maintenance Organisation (HMO) of Nigerian National Petroleum Corporation (NNPC) for health services delivery, Mr Ndu Ughamadu, the spokesman for NNPC, says.

Ughamadu made the fact known in a statement issued in Abuja, on Sunday after receiving the certificate of accreditation from the Managing Director of the NNPC HMO, Dr Musa Ribadu.

He said that the accreditation would help the on-going effort of NNPC to provide quality healthcare services to Nigerians in all walks of life.

“The accreditation which granted the National Oil Company the authority to establish and operate a functional HMO comes as a forerunner to the enviable plan by the corporation to activate a first rate medical delivery system across the country.

“This will help to halt the ugly trend of medical tourism by Nigerians to other jurisdictions,’’ he said .

He said NNPC as a corporation known for quality performance was ready to improve the scheme and offer real-time value to the prospective beneficiaries of its packages.

According to him, the NNPC HMO Limited is poised to be the most preferred HMO in Nigeria and a role model that NHIS will be proud of because of its unique healthcare offerings.

“We are confident that our entry into the market will increase the national coverage statistics by at least one to two digits.

“We have better knowledge of the Oil and Gas Sector that can attract active participation within this sector for the scheme,” he said.

Ribadu further said that the initiative to invest in this venture was part of NNPC’s plans to diversify its revenue base and contribute to the corporation’s bottom line.

In his remarks, the Executive Secretary, NHIS, Dr  Muhammed Sambo expressed confidence in the capacity of NNPC to fully utilise the opportunity offered by the NHIS accreditation to operate an efficient HMO that would deliver the much desired first rate services to its clientele.

Sambo commended the corporation for its track record over the years and wished the corporation well in its future undertakings.

“I am not unaware that NNPC is one of the most organised organisations in Nigeria and since they are well organised we have no doubt in our minds that NNPC will do whatever it takes to uphold the virtues and tenets of health insurance in Nigeria,’’ he said.

He also acknowledged the corporation’s long standing culture and track record in delivery of functional Corporate Social Responsibility (CSR) initiatives.

 

 

 

 

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Oil & Gas

15 firms win 2019/2020 NNPC DSDP contract  – Ughamadu

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The corporation disclosed this in a statement issued by its spokesman, Mr Ndu Ughamadu, in Abuja, on Sunday.

He said that the announcement was in line with the corporation’s commitment to transparency and accountability in its activities as committed by the new Group Managing Director, Malam Mele Kyari.

“The contract is for one year, effective 1st October, 2019 to 30th September, 2020,” he said.

The companies that won the contracts are:

9.  MRS OIL & GAS COMPANY LTD

10. SAHARA ENERGY RESOURCE LTD

15. DUKE OIL COMPANY INCORPORATED.

It will be recalled that Kyari, while taking over the mantle of keadership of the corporation on July 8, had promised to open NNPC books to public scrutiny, as a publicly owned company.

He said this would ensure transaprency and accountability in the operations of the Corporation.

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Oil & Gas

PPPRA to audit infrastructure in downstream oil sector

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The Petroleum Products Pricing Regulatory Agency (PPPRA) says it will commence a comprehensive audit and survey of downstream oil and gas logistic facilities in the country.

Mr Abdulkadir Saidu, PPPRA Executive Secretary, disclosed this in a statement issued in Abuja on Saturday.

He said that the state of infrastructure in the downstream of the Nigerian oil and gas sector largely was a reflection of profitability and proficiency of the market.

He added that the aim of the audit was to assess the state, adequacy and identify the infrastructure gap in the sector.

” The PPPRA recognises that the state of infrastructure in the downstream requires constant assessment to ensure uninterrupted supply of products in addition to providing up to date data for operation in the sector.

“Oil and gas processing, storage and distribution facilities, jetties downstream and pipelines, retail outlets for oil and Liquified Petroleum Gas (LPG)  will be the focus of the survey.

” The audit also aimed at assessing the impact of government policy and regulation on the sector’s operating environment and viability, with a view to addressing identified loopholes,” he said

According to him, the exercise, which is expected to commence in the second half of 2019, is a long awaited exercise by operators and other stakeholders.

He noted that the outcome of the exercise would contribute to policy formulation and impact investment decision-making by investors.

Saidu said that the management of the PPPRA would champion the exercise, noting that it was in furtherance of the reform programme of Mr President in the oil sector.

“All oil and gas depot owners, marketers, retail outlets and LPG plant owners are stakeholders in this exercise.

“The ultimate objective of which is to enhance the commercial viability of the sector and improve its level of attractiveness as investment capital destination of choice for would-be investors.

“We therefore wish to solicit the cooperation and support of all stakeholders in ensuring its success,” he said.

Edited by Saidu Adamu/Felix Ajide

 

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Energy experts give reasons for under-development in Niger Delta

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Some experts in the oil and gas industry have identified style of governance, bad policies and lack of transparency, among the many challenges hindering development of Nigeria’s oil rich Niger Delta.

The experts spoke after a documentary screening on the “Impact of Corruption and Conflict on Investments, in Energy Rich Niger Delta Communities’’, in Abuja, on Friday.

The Documentary screening was organised by an NGO, African Initiative for Transparency, Accountability and Responsible Leadership (AfriTAL).

Nigeria News Agency reports that the documentary focused on two communities of Ogidigben and Gelegele in Delta and Edo states respectively, where various government projects there failed and the people still live in abject poverty.

Rev. Fr Edward Obi, a catholic Priest and an environment activist, said the style of governance adopted in the country’s oil sector was unfortunately riddled with holes.

“We are in a country where people sit in their offices and make decisions that affect people without consulting them.

“It is a bad style of governance and it is seriously affecting the environmental regulation of the oil and gas industry,’’ Obi said.

According to him, government has never been transparent in running the oil and gas sector, adding that the communities are hardly involved or educated on government plans.

“Till now, I do not think that government is considering using other voices that the people listen to.

“If you go to these rural communities, you see many churches irrespective of how under developed they are.

“People in these communities go there, they listen and respect what they are taught there, these kind of leaders that teach these people can be used as agents to educate members of the communities on what government’s plans are.

“When the people understand all what government wants to do, the project they plan, the benefits to the community and the people, they will welcome it and the desired results will be achieved.

Dr Solomon Adeleye, another oil and gas expert said that corruption in Nigeria was often perceived as affecting government and governance, but it had never been considered to be adversely affecting communities.

He said that government must adopt a different style to manage the oil and gas sector to enable it drive growth and development.

“Nigeria is more of a gas nation than oil, it is very important that government does not use the same pattern it used in managing crude oil to run the gas sector.

“They must do away with things that made it impossible for government to achieve results and focus on current trends and opportunities to ensure growth and development,’’ Adeleye said.

He said currently, there were about 25 per cent of Nigerians that were unemployed and with three per cent population growth, so efforts must be made to create more jobs especially in the gas sector.

Also, Mrs Faith Nwadisi of Women in Extractive Industry, said there was need to bring women on the table while discussing issues in the oil and gas sector.

Referring to the screened documentary, she said that the role of women was not reflected there noting that women bore 90 per cent of the negative impact of oil on communities.

“If we do not involve women in the business of managing the oil and gas industry, we will never get it right; when it comes to rural communities, the women are most affected when challenges arose in the cause of oil production.

“They go the extra mile to make sure that food is on the table when the oil spills and destroys farms, rivers among others. Women are hardly involved in decision making and that is an error,’’ Nwadisi said.

Mr Charles Majomi, an energy consultant, said that Nigeria was fast losing it pride as the largest oil destination in Africa, as oil had been discovered in many countries across the continent.

Majomi said that time had come for Nigerians to hold government accountable with what it does especially with the management of the country’s huge natural reserve.

“Input from people that matter in the communities is very important to help achieve results. Government must be determined to help people by doing its work efficiently,’’ he said

He urged Nigerians not to make excuses for government when it fails in its responsibilities.

ENO/DOR

Edited by Nyisom Fiyigon Dore

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Oil & Gas

NNPC targets China to boost Crude oil reserves

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The Nigerian National Petroleum Corporation(NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude Oil reserves .

Group Managing Director of NNPC Malam Mele Kyari, disclosed this when the Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr Lu Yan Ji, paid him a courtesy visit in Abuja, on Thursday.

Mr Ndu Ughamadu, spokesman for the corporation said in a statement that the partnership would also help to achieve three milliion barrels per day oil production target by 2023.

He added that there was need to improve the nation’s revenue profile through new investments in the Petroleum Sector.

He commended CNOOC for its plan to expand its investment in the Nigerian Petroleum Industry and assured it of the corporation’s support.

“To have investment of  16 billion dollars in Nigeria is clearly an indication of your confidence in us.

“We have a target to grow production to three million barrels per day by 2023, to do that, we need partners like you. You can count on us because we have common interest, ” he said

In his remarks, Lu said Nigeria was one of his company’s largest investment destination with investment outlay standing at about 16 billion dollars.

He called for NNPC’s support in securing the investments, adding that there was need for both National Oil Corporations to work closely together.

He disclosed that CNOOC currently produces 800,000bpd worldwide with a target to hit 1.2 million barrels per day, adding that Nigeria was one of the targeted places to actualize the target.

CNOOC started business in Nigeria in 2005.

It currently has interest in Oil Mining Lease (OML) 130 in partnership with NNPC, Total and Petrobras.

ENO/SH

edited by Sadiya Hamza

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