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NNPC woos investors for NLNG train 7

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The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment towards harnessing Nigeria’s abundant resources for the benefit of Nigerians.

It’s Group Managing Director Malam Mele Kyari disclosed this while speaking at a Gas and Power Breakfast Briefing on the sidelines of the Gas Technology Exhibition and Conference (GASTECH) held in Houston, U.S., on Thursday.

Kyari in a statement by Mr Ndu Ughamadu, the spokesman for the corporation said “Nigeria is more of a gas nation than oil and for us, gas is the future.

“We have, therefore, committed to providing the necessary support required to ensure Nigeria takes its rightful place in the international gas market.

Kyari was represented at the conference by the Managing Director of the Nigerian Gas Company (NGC), Dr Salihu Jamari.

While describing the Nigeria Liquefied Natural Gas (NLNG) as a very critical company for Nigeria, he appealed to prospective investors to consider investing in the organisation for the benefit of shareholders and the entire Nigerians.

“There are a lot of opportunities within Nigeria’s LNG value-chain. I would like to assure you that the NLNG is the best destination for investment,” he added.

He  further said NNPC was working tirelessly to ensure that Nigeria’s abundant gas resources were utilised.

He stated that this was to fulfill government’s power aspirations by developing the gas infrastructure across the entire gas value chain and opening up the domestic gas market.

According to him, Nigeria’s approach in terms of implementing the energy mix is participatory, which in the long run, will make energy available to the citizenry.

The GMD said that the NNPC was working very hard to provide adequate capacity that would meet consumers’ demands even as it was upgrading its facilities to be able to meet up with demands both locally and abroad.

He said granting the imperative for more transparency and accountability, the corporation had a deliberate policy to improve and automate its systems and processes.

“We also have a lot of other things to consider, but we are prioritising our systems upgrade and we shall not be left behind,” Kyari added.

In his remarks, the Managing Director of the NLNG, Mr Tony Attah, shared his company’s story which he said had over the last three decades helped to make Nigeria better.

Attah observed that for the country to stay competitive in terms of cost in the global LNG market, there was the need for NLNG’s shareholders to think beyond NLNG Train 7.

He said the company was on track on attaining the Final Investment Decision (FID) on Train 7, which would see its production rise from 22mtpa to 30mtpa.

“In the next month or so, we should be able to conclude on the FID for Train 7,” Attah assured investors at the Conference.

ENO/DCU

Edited by Donald Ugwu

Oil & Gas

NNPC to deepen business portfolios in power, medical

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The Nigerian National Petroleum Corporation (NNPC) says it is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state owned oil company.

The corporation said this in a statement on Thursday that the move was part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue generation for the country.

The statement quoted the corporation’s Chief Operating Officer, Ventures and Business Development, Mr Roland Ewubare, as saying that the Ajaokuta-Kaduna-Kano (AKK) pipeline network would enable the NNPC to deepen its footprint in the power sector through the establishment of an Independent Power Plants.

Ewubare also stated that NNPC would use its network of excellent medical centres across the country to provide innovative healthcare for Nigerians.

“NNPC is creating an energy company that would have portfolios in renewable energy; we have initiatives on solar that is ongoing.

“We have got biofuels agreements with some state governments that would soon be activated.

“We do have a lot of non-core businesses that are aggregated under the Ventures and Business Development Autonomous Business Unit of the NNPC.

“This would be expanded through effective collaboration and partnership with the private sectors,” Ewubare said in the statement signed by NNPC Spokesman, Kennie Obateru.

He further disclosed that the NNPC had hectares of land across the country and would soon partner with private developers to reduce the housing deficit in the country for the benefit of Nigerians who are core shareholders of the corporation.

Ewubare explained that NNPC’s aspiration was to achieve a 10 dollar per barrel cost by the fourth quarter of 2021, adding that a lot of logistics costs would be recalibrated to drive down the cost of crude oil production in the country.

“When you have a low commodity price regime, as the case now, the only way we are able to squeeze out some reasonable cash and financial gain to the nation is by curtailing and constraining our costs in line with the GMD’s aspiration to push for a 10 dollar per barrel cost of production.

‘Against this backdrop, the conversation around cost becomes an imperative and urgent one,” Ebuware said.

He said the corporation was working closely with its partners to commercialise flared gas by converting it to Compressed Natural Gas (CNG) and Liquefied Natural Gas, adding that the gesture would preserve the flora and fauna of the country.

ENO/

Edited By: Bola Akingbehin/Wale Ojetimi (NAN)

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NNPC unveils COVID-19 contact tracing App

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The Nigeria National Petroleum Corporation (NNPC) says it has developed a COVID-19 contacts-tracing software application that can be deployed in all its locations across the country.

The corporation disclosed this in a statement issued by its spokesman, Dr Kennie Obateru, in Abuja on Wednesday.

He said the idea was in line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present leadership of the corporation.

According to him, it also shows the commitment to continually deploy Information and Communications Technology (ICT) for the purposes of operational efficiency and accountability within the corporation’s system.

He quoted the corporation’s Group General Manager, Information Technology Division (ITD), Danladi Inuwa, as saying that the novel app was part of the NNPC’s sectoral contribution to curb spread of the pandemic within its formations, ministries, departments and agencies of the government.

The Contacts-Tracing Solution is ready to be deployed, all the technical testing have been done and the solution is ready to go live.

“Everywhere you go around NNPC locations will be covered by this novel application, which will reveal all information about persons visiting any official.

“Should there be any medical challenge, the NNPC Medical will be able to track from the information at the data base all the contacts and advise properly,” Inuwa said.

He said the application could also be used by members of staff of the corporation to document their private visitors at their homes.

The group general manager added that the novel application would enable the workforce to adjust adequately to the ‘new normal’ way of living to minimize spread of the disease.

Inuwa further said the corporation had also deployed a Sales and Distribution application in the Oil and Gas Secondary Model Portal that would enable marketers buy petroleum products online.

This, he said, was to minimize human contacts in business transactions at the Petroleum Products Marketing Company (PPMC), a Downstream subsidiary of NNPC, in the face of COVID-19 pandemic.

He said the application, known as the Customer Express, would also enable marketers to register, validate and revalidate their Bulk Purchase Agreements online within a week.

He added that the portal would provide a dashboard that would enable the corporation to track every molecule of products being imported, transported and sold at every given time.

The Portal shows what product is in transit in terms of volume, what quantity is in the jetty, what volume has gone into the pipelines, what quantity has gone into NNPC depots, private depots and refinery depots.

“So, we have accurate accounting of every molecule of products that we have in our system,” he said

Inuwa said already, members of Major Marketers Association of Nigeria (MOMAN) are now purchasing products online seamlessly.

He added that the Independent Petroleum Marketers Association of Nigeria (IPMAN), Depot and Petroleum Marketers Association of Nigeria (DAPMAN) and other relevant downstream stakeholders are expected to start transacting business on the platform soon.

He stated that an application that can show the volume of stocks in the tanks of all NNPC Retail stations across the country had equally been deployed and the ticketing digitized, affirming that more technological innovations would be deployed in the months ahead.

Inuwa said that despite the recent lockdown in the country, the NNPC business value chains were not affected as the corporation was well-prepared.

He explained that the NNPC had over 4,000 virtual meetings, 9.3 million minutes of audio time, 6.7 million minutes of video time and 2.1 million minutes of screen shared times.

He added that the robust IT business continuity plan had enhanced the corporation’s workforce efficiency.


Edited By: Ifeyinwa Okonkwo/ Felix Ajide (NAN)

 

 

 

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Sylva congratulates new NNPC board members

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The Minister of State for Petroleum Resources, Chief Timipre Sylva, has congratulated the new members of the reconstituted Board of the Nigerian National Petroleum Corporation (NNPC).

Alhaji Garna Deen Muhammad, his Special Adviser on Media, disclosed this in a statement in Abuja, on Sunday.

He said Sylva also praised President Muhammadu Buhari for the quality of his choices for the membership of the NNPC Board; as well as the timeliness of the appointment.

He assured the President of his readiness to work with the new Board to deliver on the key objectives in the Oil and Gas sector as set by the President.

According to him, the objectives include bringing down the cost of production of crude oil, eliminating vandalism, improving the National Crude Oil Reserve and passage of the PIB Bill, among others.

Buhari had on May 30 approved the reconstitution of the new NNPC Board.

The members are Mohammed Lawal (North West), Tajudeen Umar (North East), Adamu Mahmood Attah (North Central), Senator Magnus Abe (South South), Dr Stephen Dike (South East), and Pius Akinyelure (South West).

The minister is the Alternate Chairman of the NNPC Board, with the NNPC  GMD and Permanent Secretary of the Ministry of Finance as members.

Edited By: Kamal Tayo/Ali Baba-Inuwa (NAN)

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Gov. Okowa mourns former NNPC GMD, Maikanti Baru

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Gov. Ifeanyi Okowa of Delta State on Sunday expressed grief over the death of  Dr Maikanti Baru,the immediate past Group Managing Director of  the Nigeria National Petroleum Corporation (NNPC).

Okowa, in a statement by his Chief Press Secretary Olise Ifeajika, described the late Baru as a renowned engineer, who brought his wealth of experience to bear all through the years he served at the  NNPC.

“As an astute petroleum engineer, Baru was a man of great wisdom and insight, who contributed immensely to the economic development of our country throughout his service at the NNPC.

“While serving as GMD he maintained oil production levels above two million barrels per day and increased crude oil production by NNPC flagship Upstream Company, Nigerian Petroleum Development Company (NPDC).

“He was also instrumental to the boosting of gas production which made NNPC the largest supplier of gas to power, and saving enormous financial resources through Direct Sale Direct Purchase (DSDP) scheme adopted for products import.

The NNPC under his watch reduced cost of crude oil production per barrel in the country from 27 dollars to 22 dollars and sustained petroleum products supply nationwide, thereby eliminating fuel scarcity in the country,” he said.

According to him, Baru will be sorely missed, especially for his outstanding accomplishments and innovations at the NNPC.

Okowa, who said the the news of Baru’s death came to him as a shock, expressed his condolences to the Baru’s family, Jama’are community, and Gov. Bala Mohammed of Bauchi State.

“On behalf of the government and people of Delta State, I mourn the exit of a great statesman, Dr Maikanti Baru, who contributed immensely to the economic development of Nigeria when he held sway at the NNPC,” he said.

Baru, who hailed from Jama’are in Bauchi State, died on Friday, May 29, after a brief illness.

He was appointed the  18th NNPC’s  Group Managing Director on July 4th, 2016 and retired on July 7, 2019, at the age of 60..

Edited /Donald Ugwu

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Oil & Gas

IPMAN mourns Baru, condoles family, NNPC management

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The Independent Petroleum Marketers Association of Nigeria (IPMAN),Kano chapter, has commiserated with the Management of Nigeria National Petroleum Corporation (NNPC) over the death of its immediate past Group Managing Director, Dr Maikanti Baru.

The association also condoled with the family of Dr Baru over his demise.

News Agency of Nigeria reports that Baru died after a brief illness and had since been buried according to Islamic rights.

The condolence message was announced by the association’s Chairman, Alhaji Bashir Danmallam, during a news briefing on  Sunday in Kano.

Danmallam also condoled with the Group Managing Director (GMD) of the NNPC, Mallam Mele Kyari, over the demise of his predecessor, Baru.

He described the late Baru as a consummate technocrat who served the NNPC and the country with dedication and  fear of God.

He said that Baru’s absence would be greatly missed by his family, the NNPC and Nigeria.

The chairman prayed Almighty Allah to forgive his shortcomings and grant his family the fortitude to bear the loss.

 

Edited By: Chioma Ugboma and Abdullahi Yusuf (NAN)

 

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Sylva, NNPC staff, others pay tribute to ex-GMD of NNPC Baru

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The Minister of State for Petroleum Resources, Chief Timipre Sylva has described the news of the demise of the immediate past Group Managing Director of the NNPC, Dr Maikanti Baru, as sad and shocking.

Sylva, in a statement signed by his media aide, Alhaji Garba Deen Muhammad in Abuja, on Saturday sympathised with the family and friends of late Baru

He described the former GMD, who died in the late hours of Friday May 29th, as a dedicated technocrat who would be greatly missed by the oil and gas community and the nation at large.

He prayed God to receive his soul.

Also, the former Minister of State for petroleum resources Dr Ibe Kachikwu described Baru as a gentleman.

“I just learnt about the demise of Dr Maikanti Baru, immediate past GMD of NNPC.

Dr Baru was a member of the NNPC board, which I chaired from 2016 to 2019.

“Last month, I called him to find out how he was settling down in retirement.

“I felicitated with him and his family.

He expressed his appreciation and I wished him well.

“Sad to learn about his death. My sincere condolences to his loved ones,” he said.

Kachikwu also prayed that God would grant his family and close friends the fortitude to bear the loss.

“May his soul rest in peace,” he added.

In his remarks on his twitter handle, Dr Fahad Taffaq UAE Ambassador to Nigeria said the death was a huge loss to Nigeria.

“I learned the sad news of the demise of my friend and colleague, Dr Maikanti Baru, the immediate past GMD of NNPC group.

“He will be greatly missed by us and the entire oil & gas industry.

“My thoughts and prayers are with his family. May Allah (SWT) grant him Jannat Al Firdous, Amen!,” he said.

The former Chief Operating Offer NNPC downstream Henry Ikem-Obi said Baru’s death was painful.

” This is really sad …painful loss…a great leader …a fantastic boss …a good and humble soul …a sad loss …may his soul rest in perfect peace and may God bless and strengthen his family,” he said

Mr Sam Otobueze, former NNPC General Manager Security said Baru would be greatly missed in the industry

” The sudden exit of Dr Maikanti Baru, Ozo Igwe Ndu of Ibagwa-Nike, Enugu State is a great loss to the nation.

” He will be widely remembered for his humility, large heartedness, accommodating spirit, and above all, dedication to the service of God.

“He will be missed by so many people across different socioeconomic, cultural and religious divides for his blending and humorous spirit.

Adieu, the Ozo igwe ndu of Ibagwa Nike,”Otoboeze said.

Edited By: Emmanuel Okara/Felix Ajide (NAN)

 

 

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Northern governors mourn former NNPC boss

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The Northern Governors Forum (NGF) has expressed sadness over the death of the former Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Baru.

The Chairman of the Forum and Governor of Plateau, Simon Lalong, in a condolence message described his death as a big loss to the nation.

Director of Press and Public Affairs to the governor, Dr Makut Macham, issued the condolence message on Saturday in Jos.

“The late Maikanti Baru was a thorough bred professional, who distinguished himself in his career where he contributed immensely to the growth and development of the oil and gas industry.

“He championed the implementation of reforms that left the sector more responsive to the energy needs of Nigerians, especially as it relates to the supply and appropriate pricing of petroleum products,’’ he said.

Lalong said the former NNPC Boss played a key role in the exploration of crude oil in other parts of Nigeria, particularly the Northern region which only recently found oil and gas in commercial quantity, awaiting further exploitation.

Lalong condoled the family of the deceased, the people and Government of Bauchi State and NNPC as well as friends and associates of the late Baru and prayed for God to comfort them.

The chairman also prayed to God to forgive the sins of the deceased and grant him eternal rest.

Edited By: Abdulfatah Babatunde (NAN)

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Bauchi Gov. mourns ex-NNPC GMD, Baru

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Gov. Bala Mohammad of Bauchi State has condoled the people of the state over the death of a former Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru.
The News Agency of Nigeria reports that Baru died late Friday night in Abuja and had since been buried according to Islamic rites.
The governor’s condolence message was contained in a statement made available to newsmen by his Senior Special Assistant (SSA) on Media, Mr Muktar Gidado, in Bauchi on Saturday.
He described Baru’s demise as a great loss, not only to Bauchi state and Nigeria, but the world at large.
“The entire people of Bauchi expressed shock over the death of Baru.
“He was a great and patriotic son of Bauchi State, who contributed immensely in exploring oil in the North-East zone of Nigeria.
“We will never forget his landmarks in building and renovation of schools in some parts of the state, in addition to the many empowerment programmes and projects he initiated,” he said.
Mohammed further stressed that the late NNPC boss was instrumental to the reforms that helped in making the oil sector in Nigeria more viable, particularly in ending the long queues hitherto, occasioned by fuel scarcity in the country.
“On behalf of my family and the good people of Bauchi state, I commiserate with Baru’s family and Nigeria for his demise. I pray for the repose of his soul and the fortitude to bear the irreparable loss,” the governor added.

Edited By: Chioma Ugboma and (NAN)‘Wale Sadeeq

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OPEC mourns ex-GMD of NNPC Baru

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The Organisation of Petroleum Exporting Countries (OPEC), says the death of Dr Maikanti Baru, former Group Managing Director of NNPC,  is a huge loss to the oil and gas sector in Nigeria.

Dr Mohammed Barkindo, Secretary-General, disclosed this in a condolence message released in Abuja on Saturday.

News Agency of Nigeria (NAN) reports that Baru died after a brief illness in Abuja as confirmed by the spokesman of NNPC, Dr Kennie Obateru.

Barkindo described Baru as a hardworking and committed person who believed in transparency and accountability.

Dr Maikanti Baru was a good and hardworking professional whom l had absolute confidence in both as his colleague in NNPC and, later, as GMD.

As GMD of NNPC he repositioned the Corporation and the Nigeria’s oil Industry.

“He was workaholic, cerebral, humane, godly and kind-hearted,” he said.

He prayed God almighty to grant his soul rest and expressed condolences to the family, the oil Industry and Nigeria at large.

NAN reports that Baru, 60, was at the helm of NNPC affairs from July 4, 2016 to July 7, 2019 when he retired.

He was born in July 1959 in Misau, Bauchi State, and attended Federal Government College, Jos, for his secondary education where he graduated in 1978.

He obtained his bachelor of engineering degree from Ahmadu Bello University, Zaria, in 1982 and doctorate in Computer Aided Engineering from the University of Sussex.

Edited By: Chidinma Agu/Donald Ugwu (NAN)

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Contact US: editor @nnn.com.ng, nnnnews247 @gmail.com

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