The Nigerian National Petroleum Company Ltd has reaffirmed its dedication to enhancing the country’s downstream sector through infrastructure development and collaboration. According to Group Chief Executive Officer, Engr. Bayo Ojulari, the company is committed to deploying additional infrastructure across the oil and gas value chain, while revamping existing downstream infrastructure nationwide.
Speaking at the 2025 OTL Africa Downstream Energy Week in Lagos, Ojulari emphasized the importance of collaboration, sustainability, and resilience in driving efficiency in the sector. He noted that competition alone is no longer sufficient, and that operators must adapt to new benchmarks for success. The conference’s theme, “Energy Sustainability: Beyond Boundaries & Competition,” highlights the need for a shift in approach.
Ojulari disclosed that the company will make its assets accessible to partners seeking to store and transport products, supporting strategic alliances and collaboration in the downstream sector. He attributed the growth in the sector to a combination of strategic policies, fiscal incentives, and transparent regulatory frameworks, such as the Petroleum Industry Act (PIA). This growth requires new skill sets and investments in areas like Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and mini-LNG projects.
The OTL Africa Downstream Energy Week is a premier event for international organizations, policymakers, regulators, and operators in the downstream energy value chain. Ojulari urged participants to discuss challenges and opportunities, redefine energy systems, and explore innovative business models and technologies that support decarbonization while driving economic value.
The Nigerian National Petroleum Company Ltd’s commitment to downstream infrastructure development is significant, as it aims to enhance collaboration and drive efficiency in the sector. The company’s efforts are expected to contribute to the growth and expansion of the sector, creating new opportunities for investment and development. As the energy landscape continues to evolve, the importance of sustainability, collaboration, and innovation will only continue to grow.