Tag Archives: NNPC

By: Amos Okioma The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Maikanti Baru has called for sustained encouragement owing to the remarkable pace of work at the Azikel Refinery site, even as it lauded the President of Azikel Group, Dr Azibapu Eruani for having achieved 65% completion on the phase I, II and III stages. This, the …

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The Senate has mandated its committees on public accounts and gas to investigate the activities of Brass LNG, alleged to be running an illegal account in the name of the federal government. Drawing the attention of senators to the issue on Tuesday, Dino Melaye, Kogi-APC, accused the Nigerian National Petroleum Corporation, NNPC, of operating a dubious account in the name …

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Nigerian National Petroleum Corporation (NNPC) is to build more depots across the Country. NNPC Group Managing Director, Dr. Maikanti Baru who disclosed this Monday in Abuja while inaugurating the board of one of its downstream Companies, NNPC Retail limited, said the addition to the corporation’s existing 23 depots nationwide would ease products supply and distribution in the country. Dr. Baru …

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The Nigerian National Petroleum Corporation (NNPC) has clarified a statement wrongly attributed to the Managing Director of Petroleum Products Marketing Company (PPMC), Mr. Umar Ajiya, suggesting that NNPC does not require the National Assembly’s nod to subsidize Premium Motor Spirit, otherwise called petrol. For the avoidance of doubt, Mr. Ajiya who was a guest at the Channels Television programme, Sunrise, …

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Long queues of desperate motorists and other users of Premium Motor Spirit returned to many filling stations in Lagos and Ogun states on Saturday and Sunday after a brief relief from the severe scarcity of the product that rocked the country from December to early this month. Many of the stations in the two states were shut on Sunday, while …

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A high-powered meeting of stakeholders in the maritime industry has been convened to generate ideas on how best to export Nigerian crude oil to attract maximum benefits for Nigeria. The meeting with theme: “Free On-Board (FOB) and Cost, Insurance and Freight (CIF) Incoterms Framework for Export of Nigerian Crude Oil and Gas” was organized by the Nigerian National Petroleum Corporation …

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The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during the December fuel crisis in Nigeria.  Speaking at an investigative public hearing by a Joint Senate and House of Representatives Committees on Petroleum Downstream, at the National Assembly Complex, Abuja, Baru disclosed …

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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 plants in the South West, …

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…Supplies over 252 billion Cubic Feet of Gas The Nigerian National Petroleum Corporation (NNPC) through its Downstream subsidiary, the Petroleum Products Marketing Company (PPMC), sold and distributed a total of 1.352.86 billion (one billion three hundred and fifty-two million and eight six thousand) litres of white products across the country in October, 2017. Details of the transactions contained in the …

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A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja.  Speaking at the site of the mini depot, the Group Managing Director of the NNPC, Dr Maikanti Baru, said it was saddening to make such discoveries in the city center when less than 500 meters …

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