DMEA: NNPC makes pipeline investments

The Nigeria National Petroleum Company Ltd (NNPC) has increased spending on the Ajaokuta-Abuja-Kano (AKK) and Obiafu-Obrikom-Oben (OB-3) gas pipelines to allow for higher domestic gas consumption.

Speaking at Nigeria’s sixth International Energy Summit (NIES 2023), the company’s group CEO, Malam Mele Kyari, said that the midstream expansion would raise throughput by up to 5bn cubic feet (142mn cubic metres) per day.

He added that the company is stepping up its investments in critical infrastructure, adding that the NNPC would invest in 5 GW of power generating capacity by developing power plant projects complementing those already in place along the AKK pipeline corridor.

Kyari said: “The NNPC will continue to support the federal government toward the realisation of key initiatives such as the Decade of Gas and the National Gas Expansion Programme (NGEP). These aim to deepen natural gas utilisation as an alternative transportation fuel, virtual gas supply to off-pipeline grid gas customers and gas utilisation as feedstock for the development of gas-based industries.”