Emmanuel Addeh in Abuja and Peter Uzoho in Abuja
Kyari was obviously speaking against the backdrop of reports at the weekend of plans by Royal Dutch Shell, to fully sell off its subsidiary, Shell Petroleum Development Company because the company’s future plans no longer align with the operations of the Nigerian subsidiary. Therefore, the NNPC boss noted that having learnt from previous experiences, the corporation was developing requisite divestment policies that will provide clear guidelines and criteria for exiting of partners’ interest in all its Joint Venture and Production Sharing Contracts arrangements.
“The Nigerian Upstream Cost Optimisation Programme is working with operators and service contractors to challenge cost of operations and increase profitability and growth in the Nigerian oil and gas sector. He explained that the NNPC was extending its natural gas infrastructure backbone through the OB3 and Ajaokuta-Kaduna-Kano gas pipelines to deepen domestic gas utilisation, support industrial growth and job creation.
Nigeria interest or your own interest.
What was d people’s interest in NNPC when they don’t know how much is received or spent at any time. D only thing they benefit is scarcity of d ever rising product. Yearly billing for redundant infrastructure.
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