The Nigerian National Petroleum Company (NNPC) Limited has declared a state- of- emergency on crude oil and gas production in the country.
The goals, according to the Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari, are to boost the nation’s production capacity and foreign reserves.
Kyari, who explained that the state- of- emergency would focus on tackling ‘’all major obstacles to effective and efficient crude and gas production,’’ added that 12 Compressed Natural Gas (CNG) stations built by NNPC Limited in collaboration with NIPCO Gas would be inaugurated tomorrow in Lagos and Abuja.
He made this known while delivering a keynote address at the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition, in Abuja yesterday
The NNPC Limited boss listed inability of players to act in a timely manner, delays in procurement processes and old crude oil pipelines as some of the impediments to oil and gas production in the country.