The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation is poised to automate its downstream facilities such as depots, pump stations and measurement systems across the country.
Kyari said this in a statement signed by the Acting Spokesman for the Corporation, Mr Samson Makoji in Abuja, on Wednesday.
Kyari spoke during a tour of the state-of-the-art products loading facility and lubricants manufacturing plant of MRS Oil Nigeria Plc, an indigenous oil company based in Lagos.
He added that the move would align with the corporation’s commitment to accountability, transparency and efficiency in the sub-sector.
He said the visit was a follow-up to the recently launched Operation White initiative which was aimed at taking stock of every drop of white products in every NNPC’s location nationwide, particularly Premium Motor Spirit (PMS).
He said that as a control mechanism, the Operation White had so far produced significant results as the corporation now clearly knows the areas of losses as well as reliability and integrity status of each and every facility under its control.
“As you can see, those control measures have produced results. The evacuations from many of the depots have drastically gone down.
“We shall go further on this and ensure that the evacuation issues are brought to the nearest level possible,” Kyari said
The GMD said that as an enabler company with the responsibility of ensuring energy security for the country, NNPC would sustain its engagement drive of the downstream stakeholders, adding that every stakeholder along the sub sector value chain was very critical.
He acknowledged the recent successful operations of the Nigerian Customs Service (NCS) which he said had helped tremendously in reducing the cross-border leakages and losses suffered by the country.
Responding, the Group Chief Executive Officer of MRS Oil Nig. Plc, Alhaji Sayyu Dantata, thanked the GMD for the visit, saying that as the leader of the Industry, NNPC had been very supportive toward the growth of indigenous companies.
Dantata also welcomed the move by the NNPC to upgrade and automate its systems and processes so as to bring more efficiency and curtail losses across the downstream value-chain.
Edited by Jane (NAN)-Frances Oraka/Ese E. Ekama
NCDMB says 70 per cent Nigerian content by 2027 still achievable
Mr Simbi Wabote, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), says the board’s 10-year plan to achieve 70 per cent Nigerian content in the oil and gas sector remains realisable.
Wabote, represented by Dr Gina Gina, General Manager, Corporate Communications at NCDMB, spoke at a workshop for media stakeholders in South-South region on Friday in Port Harcourt.
According to him, the board plans to retain the services of Nigerians in providing goods and services by growing capacity and competencies, where 20 billion dollars is spent annually.
He said that the Federal Government was using the local content policy target to ensure that citizens derived more value from the sector.
The executive secretary further said that the board had grown Nigerian content from about five per cent before establishment of NCDMB in 2010 to 30 per cent in 2019.
He said that on assumption of duty in 2017, the board under his watch set the 70 per cent target for a 10-year period.
“The aim is to drive a process of ensuring that at least 14 billion dollars of the 20 billion dollars spent annually in the sector is retained in the country,’’ Wabote said.
He said that NCDMB’s efforts in growing the capacity of indigenes in the oil and gas sector reduced the number of expatriates by at least 1,000, which also reduced capital flight.
He further said that the agency had achieved financial autonomy by ensuring that indigenous companies were given priority in contracts by International Oil Companies through its monitoring mechanism.
Also, Prof. Godwin Okon, of the Department of Mass Communication, River State University, spoke on “Evolving trends in media reportage and improving writing competence of Energy Correspondents.’’
Okon said that society relied on the mass media to understand the complexities of the oil sector.
He said that the communication skills of the reporter should be deployed to interpret and make oil and gas sector meaningful to the average Nigerian.
Mr Simbi Wabote, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB) says its 10-year plan to achieve 70 per cent content in the oil sector remains achievable.
Wabote, represented by Dr Gina Gina, General Manager, Corporate Communications at NCDMB spoke at a workshop for media stakeholders in South-South region on Friday in Port Harcourt.
According to him, the board plans to retain the services of Nigerians in providing goods and services by growing capacity and competencies where 20 billion dollars is spent annually.
He said that the Federal Government was using the local content policy target to ensure that citizens derive more value from the sector.
The executive secretary noted that the board had grown Nigerian content from about five percent before establishment of NCDMB in 2010 to 30 per cent in 2019.
He said that on assumption of duty in 2017, the NCDMB under his watch set the 70 per cent target for a 10 year period.
“The aim is to drive a process of ensuring that at least 14 billion dollars out of the 20 billion dollars spent annually in the sector is retained in the country,’’ he said.
Wabote noted that NCDMB’s efforts in growing the capacity of indigenes in the oil and gas sector reduced the number of expatriates by at least 1,000 and reduced capital flight.
He further said that the agency had also achieved financial autonomy by ensuring that indigenous companies are given priority in contracts by International Oil Companies through its monitoring mechanism.
Also, Prof Godwin Okon, Department of Mass Communication, River State University spoke on: “ Evolving Trends in Media Reportage and Improving Writing Competence of Energy Correspondents’’.
Okon said that the society relied on the mass media to understand the complexities of the oil sector.
He noted that the communication skills of the reporter should be deployed to interprets and make oil and gas sector meaningful to the average Nigerian.
He said that the role of the media in highlighting opportunities in the sector could fast track the attainment of the 70 per cent Nigerian Content target by 2027.
Earlier in his opening remarks, Mr Naboth Onyesoh, Manager, Corporate Communications said that the Nigerian Content policy had become imperative because of its cost advantage as opposed to relying on foreign interests.
Onyesoh said that although the sector was dependent on advanced technology, the NCDM had provided a platform for Nigerians to participate in projects that are hitherto undertaken by foreign concerns.
He sought for continued collaboration with the media to showcase the opportunities created by NCDMB for indigenes in the oil and gas sector.
He said that it would help to ensure the attainment of the 70 per cent Nigerian content target.
Edited by: Chinyere Bassey
NNPC, JVs sign Gas Supply Agreements on NLNG Trains 1, 2, 3, 7
The Nigeria National Petroleum Petroleum Corporation (NNPC) and its joint Venture (JV) partners have signed the first basic 20-year term of Gas Supply Agreements (GSAs) for the NLNG Train 7.
They also signed 10-year term of GSAs for Trains 1, 2 and 3.
The JV partners are Shell Petroleum Development Company of Nigeria (SPDC), Total Exploration and Production Nigeria (TEPNG), Nigerian Agip Oil company Limited (NAOC) and Oando PLC.
The Group Managing Director of NNPC, Malam Mele Kyari, said that the agreement signalled commitment of all to the gas project in the country.
He said that the GSAs bring NLNG closer to taking Final Investment Decision (FID) which signalled the commencement of the project.
He said that with the agreement, the FID on train seven would be taken latest Dec. 20.
“The Train 7 project will ramp up NLNG’s production capacity from 22 Million Tonnes Per Annum (MTPA) to around 30 MTPA.
“The project will form part of the investment of over19 billion dollars including the upstream scope of the NLNG value chain, thereby boosting the much needed FID profile of Nigeria.
“The project is anticipated to create over 10,000 new jobs during its construction phase and on completion help to further mop more gas that would have been flared and diversify the revenue portfolio of Nigeria,” he said.
The Managing Director of Shell, Mr Osagie Okunbor, said that delivering gas to train 7 was an important part of the project.
He said Nigeria at this point should not be talking about train 7 but should be looking at train eight to train 12.
“But what we have done here today is very significant and we believe that more will be done in the future,” he said
Also, Patrick Olima of Total assured that the company would be committed to the supply of gas as signed in the agreement.
“We are committed in doing business in Nigeria just like we have done with Egina FPSO, we will do same with this project,” he said.
Mr Wale Tinubu, Managing Director of Oando, reiterated that his company would be committed to the agreement.
“We are happy to be part of this process,” he said.
In his remarks, Mr Tony Attah, the Managing Director of NLNG, said that signing of the agreement was a great moment for the NLNG.
He said that with FID on train 7, Nigeria was moving in the right direction.
“What we have done today is among the top three things needed before the FID is taken; without this, financiers will not come for train 7.
“We are happy with the commitment of the partners that have signed this agreement today; this agreement will further consolidate our relationship.
“We need to move fast as a country to maintain a strong position in the global space.
“Nigeria at this stage should not be talking only about train 7 but we should be talking about Train 12,” he said.
He added that with full implementation of the GSA would spur NLNG to build more trains.
Edited by: Donald Ugwu
DPR aligns with ministerial mandate for oil, gas sector – Shakur
The Department of Petroleum Resources (DPR) says it has aligned its deliverables with the ministerial mandate for the oil and gas sector in Nigeria.
Mr Paul Osu, Head, Public Affairs, DPR in a statement issued on Friday in Lagos said the agency’s Director, Mr Rufai Shakur, made this known at the DPR Strategic Management Retreat in Abuja.
Shakur said the objective of the retreat was to cascade down the ministerial mandate to all staffers of the agency.
He said it was also to enable DPR provide the necessary regulatory oversight for the oil and gas sector and achieve the next level agenda of the government.
Shakur said the ministerial deliverables include eradication of smuggling of petrol across Nigerian borders and complete gas flare commercialisation programme.
According to him, they also include increase in crude oil production to three million barrels, reduction in the cost of oil extraction, promoting the passage of the petroleum industry bill, increasing domestic refining capacity and creating jobs for Nigerian youths.
He said that the strategic management retreat would further assist the DPR to sustain the tempo of ongoing reforms in the agency, which was geared toward aligning with the agency’s vision of being a world class regulatory agency.
Shakur tasked the top management of the agency to ensure total alignment of their divisions and zones to the ministerial deliverables as it had been embedded into the DPR’s corporate strategy.
Also, Chief Timipre Sylva, Minister of State for Petroleum Resources, who was the special guest commended DPR for the retreat.
Sylva noted that there must be a shared vision by all players in the industry for progress to be achieved.
He emphasised that the ministerial deliverables must cascade down to all staff as it was the duty of everyone to ensure the success of the mandate.
The minister recalled that the deliverables was a product of the ministerial retreat he had earlier in the year, and reiterated that DPR, being the core of the oil and gas sector of Nigeria, must ensure the successful delivery of the mandate.
He enjoined the department to swing into action as he had dubbed 2020 the year to deliver and begin the actualisation of the oil and gas industry roadmap.
Edited by: Emmanuel Okara/Oluwole Sogunle
Nigeria’s Omar Farouk appointed APPO Secretary General
The African Petroleum Producers Association has appointed Dr Omar Farouk Ibrahim as its new Secretary General.
Before the appointment, Ibrahim was a Group General Manager, International Energy Relations for the Nigerian National Petroleum Corporation (NNPC).
The appointment was announced in a communiqué issued at the end of APPO Council of Ministers in Abuja on Thursday.
It also named Mr Waeil All Atharam as Director, Rilwanu Lukaman Research and Development Centre and Mme Maha Fouda Attia as Director Support Services.
It said the Council of Ministers unanimously appointed Minister for Petroleum of Republic of Niger and Minister of Energy of Popular Democratic Republic of Algeria as APPO President and Vice-President for 2020 respectively.
The council invited member countries that had not subscribed to capital of African Energy Investment Corporation (AEICORP) to do so.
It further extended the tenure of the Managing Director of AEICORP to the first General meeting of the shareholders of AEICORP.
It congratulated Nigeria on provisional maintenance of APPO headquarters in Abuja, pending its final decision and successful end of transition.
It also thanked President Muhammadu Buhari for his support and hosting of the meeting.
The council agreed to retain the APPO Headquarters in Congo.
It instructed the secretary general to recover APPO assets from ex-group II staff whose contract terminated in May and also terminate contracts of Group III Staff effective Dec.31.
Edited by: Chukwudi Ekezie
Buhari tasks APPO member countries to be objective in decision making
President Muhammadu Buhari has called on African Petroleum Producers Association (APPO) member countries to be objective in taking decision for the growth of the oil and gas industry in the continent.
Buhari made the call while declaring open APPO Council of Ministers meeting in Abuja on Thursday.
The president was represented by the Minister of State for Petroleum Resources, Chief Timipre Sylva.
“I understand that Nigeria has completed its assignment and is ready to submit final report to the Council of Ministers. As APPO ministers meet to deliberate on the report today, I urge you all to be objective and put the general interest of all above the interest of one.
“You have very important decision to take, decisions that may make or mar the organisation.
“I urge you all to look beyond particular or regional interests to the general interest. “I urge you to dispassionately discuss the issues and take decision that will strengthen APPO,’’ he said.
He also tasked the group to take good decisions on the recapitalisation of its development arm, renamed as African Energy Investment Corporation (AEICORP).
According to him, the reform of APPO has been extended to AEICORP, noting that a lot of recommendation made to APPO ministers has been approved.
“Among the changes introduced are the opening up of equity ownership to private and financial institutions.“
Others, he said, were recapitalisation of equity to one billion dollars and establishment of a new Board of Directors with membership from both private and public sector.
“In other words, AEICORP shall not be solely owned by sovereign countries of APPO anymore.’’
The president noted that the importance of AEICORP could not be over emphasised, given the global paradigm shift from oil as energy source and at the time when more oil and gas were found in Africa.
“Without the required funds, these oil reserves will remain in the ground and un-accessed while people go without energy.
“Africa has 600 million out of the 850 million people in the world who do not have access to modern energy. We need to exploit what we have to take our people out of the energy poverty and by extension, economic poverty.’’
Buhari further urged member countries to make equity subscription to AEICORP, to ensure consequential investment by Sovereign Wealth Funds, National Oil companies or any other designate member or non member of APPO.
In his remarks, Mr Mahaman Gaya, APPO Secretary-General, commended Nigeria for the role it played in ensuring that APPO existed and for hosting the meeting.
He said that there was the need for APPO to strategise to support the growth of the oil and gas sector in the continent.
According to him, leaders of the member countries must show political will to support the various decisions of the organisaation while stakeholders in the industry must also support APPO.
“We must make every effort to support APPO to thrive so that African countries would develop with the wealth of oil reserve in the region,’’ he said
Earlier, speaking in his capacity as the Minister of State Petroleum Resource, Sylva said that Nigeria had completed the assignment on implementation of reforms given to it by APPO Council of Ministers resolution No. 268 of April 2, 2019 at Malabo.
He said that it would submit its final report to the council of minister for consideration and approval.
“Some of the key decisions expected to be taken at this meeting include the choice of host country for APPO Headquarters and the selection of a new Secretary-General and some Key officers of APPO Secretariat.’’
According to him, the recapitlisation of the AEICORP will also be part of the major decision to be taken at the meeting.
“It is my hope that this honourable council will consider every issue objectively, taking the interest of this organisation above personal or country consideration.
“We must bear in mind that whatever decision we take at this meeting will have direct impact on the existence or otherwise of this organisation,’’ he said
provide platform for cooperation, collaboration and knowledge sharing among African oil producing countries.
The APPO member countries are: Nigeria, Algeria, Angola, Benin, Cameroon, Congo, Equitorial Guinea, Libya, Niger, Côte d’Ivoire, Mauritania, Sudan, Garbon, Chad,Egypt, Ghana, DR Congo and South Africa.
- Sokoto govt. solicits support on child protection laws
- Anambra Commissioner sue for peace in markets
- Adeboye tasks Nigerians on divine faith to solve challenges
- Oyo CP urges police officers to operate with fear of God
- Navy quarterly route march :NAVTRAC, Western Command urge personnel on regular medical check-ups, be law abiding
- LASEMA begins demolition of distress buildings in Lagos
- APGA Chairmanship Tussle: Njoku urges members to remain calm
- UN condemns killings of 4 aid workers in Borno
- Buhari condemns execution of Aid Workers in Borno
- Strikes in France over planned pension reform to continue for second weekend
- Ministry, RIFAN collaborate to boost rice production
- All the 2020 Democrats threatening to skip next debate in LA
- Verdict in corruption trial for Sudan’s al-Bashir expected Saturday
- Police confirm killing of 29-yr-old man in Abakaliki
- 32-man Borno delegation understudies Kaduna on participatory governance
- Nothing secret, sinister about us — Ogboni Fraternity
- Trump appears to back short Senate impeachment trial
- 17-year-old Nigerian winner of Chinese Bridge competition pledges to tackle Nigeria’s electricity challenge
- Cleric advises Nigerians to utilise advantages of border closure
- Army advises Nigerians to be security conscious
- Orphanage appeals for more support for less privileged
- NAF hands over man, 2 others nabbed for transformer vandalism to police
- World Bank to support SAN yoghourt boost production – Official
- NiMet predicts dust haze, thundry weather conditions for Saturday
- NMA lauds Gov. Ganduje for appointing 4 medical doctors as Commissioners
- DSPPC restates commitment to public awareness on procurement regime
- FG reiterates commitment to give priority to development of textile industry
- APPEALS partners Fulani community to raise milk production by 500%
- Army offers free medical services to 802 residents in Enugu community
- I was not placed under house arrest — Oshiomhole
- Kebbi : Cleric urges Muslims to exhibit high sense of maturity in religious obligations
- AfDB approves $124.2m loan for water sector reforms in Akure
- Maintenance: AEDC notifies power interruption in parts of Abuja, Kano
- Lagos Assembly screens Sanwo-Olu’s 3 commissioner-nominees
- Aisha Buhari urges governors’ wives to advance community health
- NGO tasks journalists on development, gender reporting
- Obaseki not ready for settlement — Oshiomhole
- 2019 Q3: MAN pegs CEOs Confidence Index at 51.7 per cent
- NAN correspondent wins CSTD 2019 award for excellence
- Nasarawa govt to build a modern bus terminal in Karu
- Buratai tasks Non-Commissioned Officers to adopt new innovations in tackling security challenges
- News Analysis: FirstBank accelerates support for SMEs to boost economic growth
- 27 ships laden with petroleum products, food items awaiting to berth — NPA
- Kenyan police arrest suspects with 73kg of ivory
- S/African gov’t unveils tourism safety plan amid rising crimes
- Albanian gov’t nominates new minister for reconstruction after earthquake
- AfCFTA: Pharmaceutical industry needs urgent bailout – MD, May & Baker
- Nigeria imports decrease, other oil exports gain in 3rd quarter — NBS
- NCDMB says 70 per cent Nigerian content by 2027 still achievable
- NDA, 1 Div. partner on molding vibrant officers