In a significant milestone for Nigeria’s oil and gas sector, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced 100% availability on all major crude oil pipelines across the country throughout June 2025.
This breakthrough was revealed by the Group Chief Executive Officer (GCEO) of NNPC Ltd., Mr. Bashir Ojulari, during his keynote address at the 24th NOG Energy Week Conference held in Abuja on Tuesday.
“For the first time in a long while, Nigeria enjoyed full pipeline functionality for crude oil exports throughout June. This was made possible through robust, industry-wide security interventions led by NNPC Ltd.,” Ojulari stated.
Crude Oil Production Boosted by Enhanced Infrastructure
Ojulari noted that the improved pipeline security directly contributed to increased crude oil output, a major win for Nigeria’s energy economy. He also emphasized NNPC’s improved financial standing, noting that the company has consistently met its cash-call obligations in Joint Venture (JV) arrangements.
- “The NNPC Ltd. can now raise finance for all its operations — a major departure from the past narrative where we couldn’t meet cash calls,” he added.
AKK Gas Pipeline Makes Strategic Progress
In another key update, Ojulari announced that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline has successfully crossed the River Niger, a major engineering achievement. He expressed optimism that the project would be completed by Q4 2025, citing innovative contract reengineering and effective industry collaboration as enablers.
PIA Strengthens NNPC’s Industry Leadership
The Petroleum Industry Act (PIA), according to Ojulari, continues to reinforce NNPC Ltd.’s position as a leading force in project financing and industry transformation. He urged industry stakeholders to leverage the enabling framework of the PIA to scale up investments and drive production growth.
IPPG Calls for Strategic Industry Action
Also speaking at the event, Mr. Abdulrazaq Isa, Chairman of the Independent Petroleum Producers Group (IPPG), said Nigeria’s oil and gas sector is at a critical reform stage.
He highlighted the completion of International Oil Companies (IOCs) divestments, the acceleration of PIA implementation, and the strategic leadership reshuffle within NNPC Ltd. as key developments shaping the future of the sector.
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“The President has mandated NNPC Ltd. to raise crude oil production to 3 million barrels per day and gas output to 12 billion cubic feet per day by 2030,” Isa said.
He posed two critical questions:
- Where will the additional 1.3 million barrels of crude oil and 4.5 billion cubic feet of gas come from in the next five years?
- What actions must the industry take to meet this national target sustainably?
Isa asserted that recently divested onshore and shallow-water assets, now controlled largely by indigenous oil producers, would play a pivotal role in achieving the production goals.
Indigenous Oil Producers Now Leading the Charge
With indigenous players contributing over 50% of Nigeria’s current oil and gas output, Isa called on local operators to ramp up investments and scale production to ensure meaningful impacts on economic development and energy security.
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