The Nigerian National Petroleum Company Limited, NNPCL, says it is undertaking rehabilitation of pipelines and depots to strengthen the country’s energy infrastructure.
The Chief Corporate Communications Officer, CCCO, of NNPCL, Olufemi Soneye stated this in an interview with journalists on Saturday.
He noted that the ongoing rehabilitation project, which is expected to be completed within 2 to 3 years, would resolve longstanding challenges in petroleum distribution.
Soneye further explained that upon completion, Nigeria will achieve sustainable crude oil supply to refineries, seamless product distribution through pipelines, reduced reliance on trucks, improved energy security and reduced fuel importation, lower transportation costs and reduced road hazards caused by fuel tankers.
In his words: “We can assure Nigerians that NNPC’s pipeline and depot rehabilitation project is With a structured financial model, strategic partnerships, and committed execution, the initiative is set to resolve longstanding challenges in petroleum supply and strengthen the country’s energy infrastructure for the long term.”