The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, says the company plans to upgrade and expand its existing downstream infrastructure nationwide.
Speaking at the opening of the 2025 OTL Africa Downstream Energy Week in Lagos on Monday, Ojulari said the initiative is aimed at strengthening collaboration and improving operational efficiency across the sector.
The OTL Africa Downstream Energy Week is regarded as the continent’s leading forum for downstream and midstream energy players, bringing together policymakers, operators, and service providers.
The GCEO, speaking on the theme “Energy Sustainability: Beyond Boundaries & Competition,” noted that competition alone is no longer sufficient to drive efficiency. He stressed that operators must now prioritise collaboration, sustainability, and resilience to achieve long-term sector growth.
“At NNPC, we are committed to deploying additional infrastructure across the oil and gas value chain while revamping our existing downstream infrastructure nationwide,” he said.
“These assets will be accessible to partners seeking to store and transport products, supporting strategic alliances and collaboration in the downstream sector.”
He added that a blend of strategic policies, fiscal incentives, and transparent regulatory frameworks, particularly the Petroleum Industry Act, has helped stimulate growth in the industry.
According to him, this growth has also created demand for new technical skill sets and increased investment in segments such as liquefied petroleum gas, compressed natural gas, and mini-liquefied natural gas, projects.
Ojulari called on stakeholders to work together in redefining sustainable energy systems, building strategic partnerships, and pursuing innovations that support decarbonisation and economic development.
Recall the Senate earlier announced plans to launch a comprehensive investigative hearing into the persistent challenges facing Nigeria’s downstream petroleum sector.
The chairman of the Senate Committee on Petroleum (Downstream), Kawu Sumaila, said the inquiry is intended to identify bottlenecks and recommend lasting solutions to the industry’s ongoing issues.
