gas flaring

Nigeria may likely exits gas flaring in two years

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced it would exit gas flaring in two years time. Baru made the announcement while delivering the lead paper on a panel session at the ongoing 50th Offshore Technology Conference (OTC), in Houston, United States of America. The corporation’s Group […]

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Nigeria targets 1 million bpd refineries production

The Nigerian National Petroleum Corporation (NNPC) has disclosed plans to increase the name plate capacity of its refineries to one million barrels of crude oil per day from its current 445,000 bpd. Group Managing Director of NNPC, Mr. Maikanti Baru, stated this at Society of Petroleum Engineers (SPE) Oloibiri Lecture Series and Energy Forum 2018 […]

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Kachikwu, Baru others to speak at Sub-Saharan oil and gas summit

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC), Dr. Maikanti Baru, are expected to speak at the 2018 Sub-Saharan Africa Upstream Oil and Gas Summit and Exhibition in April The summit with the theme, “Gearing up for Growth: Sub Saharan Oil, […]

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Maikanti Baru

NNPC mulls PPP arrangements for corporation’s oil, gas pipelines

The Group Managing Director of the Nigerian National Petroleum Corporation (NNC), Dr. Maikanti Baru, has urged the new Board of one of its downstream subsidiary companies, the Nigerian Pipeline Storage Company (NPSC), to partner with the private sector to build more pipelines parallel to the corporation’s existing ones. Dr. Baru who gave this charge while […]

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Nigerian National Petroleum Corporation, NNPC headquarters are seen in Abuja

254 firms bids for purchase of Nigerian crude grades

Two hundred and fifty four firms are currently jostling to win the juicy contract of crude oil lifting for 2018, midwifed by the Nigerian National Petroleum Corporation (NNPC). The contract entails lifting about 40 cargoes of crude oil monthly, which translates to 480 cargoes annually. The Group Managing Director of NNPC, Dr Maikanti Baru, who […]

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NNPC vows there’ll be no fuel scarcity

The Nigerian National Petroleum Corporation, NNPC, on Tuesday assured Nigerians that there would no longer be fuel scarcity which had caused unbearable queues for Nigerians. The Group Managing Director of the corporation, Dr Maikanti Baru said this in Abuja at the 2018/2019 crude oil term contract bid opening. According to him, the opening of bids […]

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Maikanti Baru

Full assessment begins on Escravos-Lagos pipeline fire, restoration of line

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has ordered an immediate assessment of the damage caused by a fire on the Escravos to Lagos Pipeline (ELP), a natural gas pipeline which supplies gas from Escravos region of the Niger Delta area to Lagos. The pipeline also supplies gas to power […]

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Maikanti Baru

DAPPMA: We supply you products despite your ₦26.7 billion debt, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol). NNPC wishes to affirm that it has supplied appreciable volume to DAPPMA, Major Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers […]

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Maikanti Baru

NNPC doubles daily supply of petrol to ensure availability nationwide

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation doubled the daily supply of Premium Motor Spirit (PMS), otherwise called petrol, from daily 700 trucks (about 27million – 30million) litres per day supply to 80million litres per day since the current hiccup in the supply chain […]

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Nigerian National Petroleum Corporation, NNPC headquarters are seen in Abuja

NNPC approves construction of 4,600MW generating plants in FCT, two others

The recently approved contract for the construction of Ajaokuta-Abuja-Kaduna-Kano Gas Pipeline project, dubbed AKK Pipeline, has started yielding early benefits with the commitment by NNPC to build power generating plants with combined capacity of 4600 megawatts in Abuja, Kaduna and Kano States. The NNPC’s Group Managing Director, Dr. Maikanti Baru, who disclosed this during a […]

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NNPC

Baru disclaims allegation of Kyari keeping ₦50 billion away from TSA

The Nigerian National Petroleum Corporation (NNPC) has disclaimed the allegation that its Group Managing Director, Dr. Maikanti Baru, had ever stated in any fora that the Chief of Staff to the President, Mallam Abba Kyari, “directed the Corporation to keep the sum of ₦50 billion away from the Treasury Single Account (TSA).” NNPC wishes to […]

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Maikanti Baru

Intellectual development of youth necessary for economic growth, Baru says

…As Gaius-Obaseki Pledges Support for NNPC Management Leaders at all levels in the country have been called upon to pay attention to the intellectual development of the youth if the country must attain sustainable growth. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, gave this charge at a book launch […]

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