The Nigerian National Petroleum Company Limited (NNPC Ltd.) has achieved a significant milestone with the successful crossing of the River Niger by the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline.
This development brings the project closer to completion, expected by the fourth quarter of 2025.
According to Engr. Bashir Bayo Ojulari, Group Chief Executive Officer of NNPC Ltd., the feat was made possible through effective contract reengineering and industry collaboration.
Notably, the company also recorded 100% availability on major crude oil pipelines throughout June 2025, a first in a long while, thanks to industry-wide security interventions led by NNPC Ltd.
This has boosted crude oil production.
However, Ojulari emphasized the need for more investments to further boost production.
He highlighted that NNPC Ltd. has been consistently meeting its cash-call obligations to Joint Venture operations, turning the narrative around.
The Petroleum Industry Act (PIA 2021) has positioned NNPC Ltd. to lead the industry in financing projects.
Source: https://energynewsafrica.com
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