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NNPC’s 2,000km gas pipeline to raise domestic oil production

Freedom Online by Freedom Online
April 30, 2015
in Breaking News, Business, Energy, News
0

The Nigerian National Petroleum Company (NNPC) said on Thursday that it plans to provide 2,000 kilometres of gas pipelines over the next six years to enhance domestic gas supply in the country.
NNPC Group Managing Director, Dr Joseph Dahwa, disclosed this in a message during the “NNPC Day” at the ongoing Kaduna International Trade Fair.
He said the project offers great “opportunities for investments for fabrication of pipelines and related services such as pipe coating, among others’’.
“These are capable of generating employment in large numbers,’’ he said.
Dahwa said that the Gas Master Plan being executed in the country would establish a Gas Industrial Park in Delta, which was expected to generate over 10 billion dollars in foreign direct investment.
He said that the project would also lead to the generation of “customised fertiliser” that would stimulate large scale farming activities in the north, south west and south east of the country.
The GMD said that the company was also targeting to raise Nigeria’s crude oil production capacity from the present 130,000bpd to 250,000 bpd by 2020.
He said that the partnership between the NNPC and international oil companies had “contributed immensely to the growth and development of the nation’s hydrocarbon sector”.
Dahwa, therefore, urged investors to take advantage of the flurry of activities in the oil and gas sector to generate employment and promote domestic production for sustainable national economic growth.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.