{"id":9110,"date":"2020-09-14T18:22:38","date_gmt":"2020-09-14T18:22:38","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=9110"},"modified":"2020-09-14T18:22:38","modified_gmt":"2020-09-14T18:22:38","slug":"nigeria-deregulation-nnpc-to-support-deployment-of-cng-facilities","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-deregulation-nnpc-to-support-deployment-of-cng-facilities\/","title":{"rendered":"NIGERIA: Deregulation: NNPC to Support Deployment of CNG Facilities"},"content":{"rendered":"<div>The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed Natural Gas (CNG) refill stations for motorists across the country.<\/div>\n<div><\/div>\n<div>Group Managing Director of the Corporation, Mallam Mele Kyari, affirmed that the National Oil Company has already keyed into the gas penetration agenda as championed by the Honourable Minister of Petroleum Resources, Chief Timipre Sylva.<\/div>\n<div><\/div>\n<div>He said as an energy company with focus on cleaner and cheaper sources of fuel, the Corporation would continue to work with other stakeholders in the industry to provide viable alternatives to petrol which would ultimately lead to reduction in demand for the product and eventual reduction in price.<\/div>\n<div><\/div>\n<div>The NNPC GMD reiterated the commitment of the corporation towards openness and greater transparency in its operations, noting that in the months ahead NNPC would make public its 2019 Audited Financial Statements as a sequel to the 2018 AFS released in June.<\/div>\n<div>Kyari also shed more light on the status of the nation\u2019s refineries, noting that the plants were deliberately shut down to allow for a robust diagnosis of the issues which have overtime made it impossible for the facilities to operate up to their name plate capacity.<\/div>\n<div>The GMD said that the shutdown also became inevitable due to difficulties in feeding them with crude oil via the pipelines that have been completely compromised by vandals.<\/div>\n<div>He said the Corporation was moving rapidly to execute complete rehabilitation of the refineries under an exercise that would guarantee restoration of the facilities to at least 90 percent capacity utilization.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-deregulation-nnpc-to-support-deployment-of-cng-facilities\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[8221,6098,8120,1749,1752,8117],"class_list":["post-9110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-chief-timipre-sylva","tag-cng","tag-mallam-mele-kyari","tag-nigeria","tag-nigerian-national-petroleum-corporation","tag-nnpc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/CNG.jpg?fit=640%2C427&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2mW","jetpack-related-posts":[{"id":10039,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-morocco-sign-mous-to-promote-the-development-of-hydrocarbons\/","url_meta":{"origin":9110,"position":0},"title":"Nigeria, Morocco Sign MOUs to Promote the Development of Hydrocarbons","author":"","date":"March 2, 2021","format":false,"excerpt":"The Federal Government and the Kingdom of Morocco on Tuesday signed five strategic Memorandum of Understandings (MOUs) that would foster Nigerian \u2013 Morocco bilateral collaboration and promote the development of hydrocarbons, agriculture, and commerce in both countries. The Minister of State for Petroleum Resources, Chief Timipre Sylva led the Nigerian\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/03\/MOROCCO-NIGERIA-MOU.jpg?fit=500%2C281&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8793,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nnpc-reaches-deal-with-sapetro-cnooc-ending-oml-130-dispute\/","url_meta":{"origin":9110,"position":1},"title":"NIGERIA: NNPC Reaches Deal with Sapetro, CNOOC Ending OML 130 Dispute","author":"","date":"August 10, 2020","format":false,"excerpt":"In its bid to meet the target of revving up production to three million barrels per day and unlock gas revenues to the tune of about $225 million in the short term and\u00a0 $510million\u00a0 in the long run for the Federation,\u00a0 the Nigerian National Petroleum Corporation (NNPC) has reached an\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"NNPC Signs Pact with CNOOC and SAPETRO to Resolve OML 130 Dispute","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-CNOOC-SAPETRO.jpg?fit=680%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-CNOOC-SAPETRO.jpg?fit=680%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-CNOOC-SAPETRO.jpg?fit=680%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9206,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-nnpc-seepco-sign-oml-143-monetization-agreement\/","url_meta":{"origin":9110,"position":2},"title":"NIGERIA: NNPC, SEEPCO Sign OML 143 Monetization Agreement","author":"","date":"September 25, 2020","format":false,"excerpt":"The Nigerian National Petroleum Corporation (NNPC) and Sterling Global have signed off on agreements for monetization of its fully operated Oil Mining Lease (OML) 143. According to NNPC this latest development will help increase NNPC's footprints in the downstream gas market and a potential revenue of $500-600m to the country.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NNPC-SEEPCO.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NNPC-SEEPCO.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NNPC-SEEPCO.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NNPC-SEEPCO.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NNPC-SEEPCO.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8893,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigerian-national-petroleum-corporation-commits-to-transparency-by-becoming-an-eiti-supporting-company\/","url_meta":{"origin":9110,"position":3},"title":"Nigerian National Petroleum Corporation Commits to Transparency by becoming an EITI supporting company","author":"","date":"August 18, 2020","format":false,"excerpt":"Nigeria\u2019s national oil company, the Nigerian National Petroleum Corporation (NNPC), has become an\u00a0EITI supporting company, joining a group of over 65 extractives companies, state-owned enterprises (SOEs), commodity traders, financial institutions and industry partners who commit to observing the\u00a0EITI\u2019s supporting company expectations. EITI Board Chair, Rt Hon. Helen Clark, welcomed the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/NNPC-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12005,"url":"https:\/\/www.oilnewskenya.com\/index.php\/appos-secretary-general-solicits-greater-commitments-from-member-countries-nocs-ceos\/","url_meta":{"origin":9110,"position":4},"title":"APPO\u2019s Secretary General Solicits Greater Commitments From Member Countries\u2019 NOCS CEOs","author":"","date":"March 10, 2022","format":false,"excerpt":"The Secretary General (SG), African Petroleum Producers\u2019 Organization (APPO), His Excellency, Dr Omar Farouk Ibrahim called for greater commitments of the CEOs of National Oil Companies (NOCs) of Member Countries towards the achievement of APPO\u2019s objectives. The call was made during a recent courtesy call on the Group Managing Director\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/APPO-NNPC.jpg?fit=1008%2C756&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/APPO-NNPC.jpg?fit=1008%2C756&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/APPO-NNPC.jpg?fit=1008%2C756&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/APPO-NNPC.jpg?fit=1008%2C756&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14825,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-president-tinubu-reconstitutes-nnpc-limited-board-appoints-new-chairman-group-ceo\/","url_meta":{"origin":9110,"position":5},"title":"NIGERIA: President Tinubu Reconstitutes NNPC Limited Board, Appoints New Chairman, Group CEO","author":"","date":"April 3, 2025","format":false,"excerpt":"President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023. The\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/04\/NNPC.jpg?fit=526%2C526&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/04\/NNPC.jpg?fit=526%2C526&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/04\/NNPC.jpg?fit=526%2C526&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=9110"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9110\/revisions"}],"predecessor-version":[{"id":9113,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9110\/revisions\/9113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9112"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=9110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=9110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=9110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}