The Nigerian National Petroleum Company Limited (NNPCL) has reiterated its commitment to developing and revitalising downstream infrastructure across the country to foster collaboration and enhance efficiency within the oil and gas sector.
Group Chief Executive Officer, Engr. Bayo Ojulari, made this known on Monday at the opening ceremony of the 2025 OTL Africa Downstream Energy Week in Lagos.
In a statement by NNPCL’s Chief Corporate Communications Officer, Mr. Andy Odeh, the company said the conference—held under the theme “Energy Sustainability: Beyond Boundaries & Competition”—provided an opportunity to discuss the evolving landscape of the energy sector and strategies for sustainable growth.
Ojulari noted that competition alone was no longer sufficient to drive progress in the industry, emphasising the need for greater collaboration, sustainability, and resilience.
“At NNPC, we are committed to deploying additional infrastructure across the oil and gas value chain while revamping our existing downstream infrastructure nationwide. These assets will be accessible to partners seeking to store and transport products, supporting strategic alliances and collaboration in the downstream sector,” he said.
The NNPCL chief explained that recent growth in the downstream sector was being propelled by strategic government policies, fiscal incentives, and a transparent regulatory framework, particularly those introduced under the Petroleum Industry Act (PIA). These developments, he said, have created opportunities requiring new skills and investment in emerging areas such as Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects.
Ojulari urged participants to use the conference as a platform to collectively address industry challenges and explore innovative solutions.
“Let us align on opportunities to redefine energy systems in ways that are both profitable and sustainable, to forge cross-sector partnerships that transcend traditional competition, and to explore innovative business models and technologies that support decarbonization while driving economic value,” he stated.
The OTL Africa Downstream Energy Week is recognised as the continent’s premier downstream and midstream energy event, bringing together international organisations, policymakers, regulators, development partners, operators, service providers, and consumers across the energy value chain.
