The Nigerian National Petroleum Company Limited (NNPC Ltd) has renewed its commitment to developing and revamping downstream infrastructure across the country, emphasising the need for enhanced collaboration and efficiency within the sector.
This was contained in a statement signed by Mr Andy Odeh, Chief Corporate Communications Officer, NNPC Ltd, and made available to newsmen on Monday, October 27, 2025, in Abuja.
The statement reads partly: “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.”
Delivering his remarks at the opening ceremony of the 2025 OTL Africa Downstream Energy Week in Lagos, the Group Chief Executive Officer, Engr. Bayo Ojulari, said competition alone was no longer enough to drive efficiency in the sector.
He urged industry operators to embrace collaboration, sustainability, and resilience as the new benchmarks for success, noting that the future of the oil and gas industry depended on adaptability and innovation.
“A cocktail of factors ranging from strategic policies and fiscal incentives to transparent and well-structured regulatory frameworks exemplified by the Petroleum Industry Act (PIA) have engendered expansion and growth in the sector requiring new skill sets and further investments in new lines of business such as Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects,” he stated.
Ojulari further encouraged participants to use the conference as a platform to address challenges and explore opportunities capable of redefining energy systems for both profitability and sustainability.
“We must forge cross-sector partnerships that transcend traditional competition and explore innovative business models and technologies that support decarbonisation while driving economic value,” he added.
The OTL Africa Downstream Energy Week remains the continent’s leading downstream and midstream energy event, bringing together international organisations, policy makers, regulators, operators, service providers, and consumers in the downstream energy value chain.