Kyari emphasized NNPC Ltd.’s commitment to enhancing supply chains, expanding refining capacity, and ensuring affordable energy through strategic partnerships. He revealed that NNPC Ltd. will work closely with private refineries and utilize Naira-for-crude transactions to support currency stability, further expanding gas infrastructure projects like the Ajaokuta-Kaduna-Kano (AKK) and the Obiafu-Obrikom-Oben (OB3) pipelines.
“NNPC Ltd. supplies over 1.6 billion standard cubic feet (bscf) of gas daily, leveraging a distribution network managed within our balance sheet,” Kyari said, underlining the company’s expanding role in domestic gas supply.
Kyari also defended NNPC Ltd. against claims of obstructing domestic refinery efforts, emphasizing that the company’s part-ownership in the Dangote Refinery is part of a strategic effort to bolster local fuel production. He commended President Tinubu’s initiatives to curb forex pressures by strengthening Nigeria’s refining capabilities.
“Resolving the energy trilemma requires bold ideas and collective determination,” Kyari stated, calling on stakeholders to contribute to building a secure, sustainable, and affordable energy future for Nigeria.
