NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) is a dynamic global energy company with businesses and operations across the entire spectrum of the energy value chain.

Our Vision: To be the dynamic global energy company of choice

Our Mission: Reliably delivering energy while continuously creating value for all stakeholders

Our Strategy: Our strategy is focused on growing our global energy delivery capacity

By enhancing our upstream production, expanding our gas processing and transportation services for domestic consumption, and exports. We will also revamp and expand our refining assets portfolio through Greenfield projects with chemicals production integration and leverage equity partnerships. This will ensure we have sufficient capacity to meet local and international demand for premium energy products and services.

We will continue to promote environmental sustainability through our long-term decarbonisation programme and quality investments in new energy sources such as solar and biofuels.

History

  • 1956 NNPC Limited’s history began with the discovery of oil in commercial quantity at Oloibiri, Bayelsa state
  • 1971 This discovery eventually led to the formation of the Nigerian National Oil Corporation (NNOC) as the National Oil Company of Nigeria.
  • It is noteworthy that in the same year, Nigeria joined the Organisation of the Petroleum Exporting Countries (OPEC) as its tenth member.
  • 1977 A merger of NNOC, with its operational functions and the Federal Ministry of Mines & Power with its regulatory responsibilities gave birth to the Nigerian National Petroleum Corporation.
  • 2021 This entity endured, recording appreciable progress in all facets of the petroleum industry, until the signing of the Petroleum Industry Act (PIA).

The enactment of the PIA, an omnibus legislation overhauling the Nigerian Oil & Gas Industry, heralded the birth of a new corporate entity, the NNPC Ltd., which was incorporated as a Limited Liability Company.

Under the PIA, the Company is free to operate in different sectors of the global energy industry and pursue other commercially viable ventures that will guarantee value to all its stakeholders.

What We do

  • Liquid Hydrocarbon

We are enhancing our liquid hydrocarbon production while creating new energy businesses

  • To support our environmental sustainability efforts through our near-term and long-term decarbonization program.
  • Gas

We are expanding and upscaling our gas processing and transportation infrastructure to meet domestic gas needs and exports, including LNG.

  • Sustainable Energy

We are creating sustainable, low-carbon energy options supported by our investment in the production and supply of renewable energy while ensuring energy supply stability for our domestic market through sustainable operations.

For more, visit www.nnpcgroup.com

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