NNPC optimistic about new gas pipeline projects in Nigeria

gasppThe Nigerian Gas Processing and Transportation Company (NGPTC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), is set to deliver its vision of new gas pipeline projects in Nigeria, said Dr Maikanti Baru, group managing director of NNPC

Speaking on the sidelines of the 2017 Annual General Meeting of the Company, Dr Baru who also functioned as the chairman of the AGM enthused that NNPC was relying on the NGPTC’s competence to deliver the 614km Ajaokuta-Kaduna-Kano (AKK) gas pipeline project.

The landmark endeavour which has been dubbed as the single biggest gas pipeline undertaking in the country is to be constructed through third-party contractor financing and construction model with almost US$3bn of foreign direct investment coming into the country.

Apart from the AKK project, the company was also busy putting together new pipelines like the OB3 projected to come into operation later in the year alongside other significant gas pipeline projects across the length and breadth of the country designed as an integral part of the bigger trans-Nigerian gas pipeline system.

Saidu Mohammed, chief operating officer for gas and power and chairman of the NGPTC Board, said that the NGPTC was focused on consolidating on its strength and grow to bigger levels, noting that by 2019 the company would have leapfrogged into the big league with most of its ongoing gas infrastructure projects coming on stream.

Commencing business in 1988, Nigerian Gas Company (NGC) was split into two companies – the NGPTC and the Nigerian Gas Marketing Company (NGMC) - in 2016 with the NGPTC mandated to focus on processing and transporting natural gas domestically and to the export nodes.

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