Connect with us

NEWS

Pipeline Security Has Boosted Oil Production, Says NNPCL GCEO Ojulari

Published

on

The Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day and a peak production of 1.84 million barrels per day in 2025, owing to the establishment of the integrated energy security for pipelines in the Niger Delta.

Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, made the disclosure at the Parliamentary Roundtable on the State of Pipelines Security which held at the National Assembly, in Abuja, on Wednesday.

In a statement issued by NNPCL’S Andy Odeh,
Chief Corporate Communications Officer, said speaking on the success of the security arrangement, Ojulari explained that it was not accidental, and that it involved an “integrated energy security model that combines legislative and executive policy alignment, actionable intelligence, kinetic deployment capabilities, regulatory oversight, industry cooperation, and community‑embedded surveillance mechanisms”.

He said the resurgence of production due to the effective tackling of the twin menace of oil theft and pervasive pipeline sabotage has led to the restoration of investors’ confidence in the nation’s oil and gas sector.

In his welcome address, the President of the Senate, Sen. Godswill Akpabio, represented by Senator Jimoh Ibrahim, called for collaboration among agencies and stakeholders in resolving all challenges impeding production growth.

On his part, the Speaker of the House of Representatives, who was represented by the Leader of the House, Hon. (Prof.) Julius Ihonvbere, urged the forum to evaluate the progress made so far with a view to ensuring fairness and equity.

Advertisement
Article Banner

The Parliamentary Roundtable on the State of Pipelines Security was convened by the Joint Senate and House of Representatives Committee on Petroleum Resources.

It had in attendance the Senate President, Speaker of the House of Representatives, National Security Adviser, Minister of Defence, and representatives of oil industry regulatory agencies.

The Roundtable also featured presentations by the Chief of Defence Staff, Inspector General of Police, Director General of the Department of State Services, Commandant General of the Nigerian Security and Civil Defense Corps, and private security companies.

FOLLOW BIGPEN NIGERIA - Get Breaking News Alerts
BUSINESS3 hours ago

Africa Made It Launches ‘Power, Protect And Purchase’ To Unlock $34bn From Cotton Industry

FEATURED5 hours ago

Court Rejects Torture Claims, Admits Statements of Alleged Coup Plotters

FEATURED5 hours ago

Tinubu Storms Akwa Ibom Friday For Project Commissioning, Heads To Rivers Saturday For APC Rally

bolt driver
FEATURED6 hours ago

Reps Dismiss Petition Seeking Review of NIPCO Gas Distribution Licences

FEATURED6 hours ago

2027: Okowa Says Delta Targets Over 2 Million Votes For Tinubu, APC

FEATURED9 hours ago

Oborevwori, Okowa, Onowakpo Canvass Support for Tinubu as Delta APC Flags Off 2027 Campaign in Oleh

FEATURED11 hours ago

Keyamo Hails Court Ruling Sacking Mark-Led ADC Leadership, Invalidating Atiku’s Candidacy

FEATURED14 hours ago

BREAKING: Court Sacks Mark-Led ADC Leadership, Nullifies Atiku’s 2027 Presidential Ticket

FEATURED15 hours ago

BREAKING: NJC Suspends 3 Judges For One Year Without Pay Over Misconduct

FEATURED18 hours ago

Senate Begins Scrutiny Of Tinubu’s Fresh ₦10.79trn Foreign Loan

bolt driver
FEATURED18 hours ago

Why Reps Move to Revoke Licences of Hospitals Denying Patients Emergency Treatment

secure number one position
FEATURED19 hours ago

Police Warn Political Thugs Over Destruction of Campaign Posters, Threaten Prosecution

FEATURED1 day ago

Angry Youths Disrupt INEC Stakeholders Meeting In Asaba Over Alleged Warri Ward Controversy

FEATURED1 day ago

2027 Elections: We Won’t Fund or Endorse Any Candidate — Health workers

FEATURED1 day ago

Tragedy In Imo: 17-Year-Old Girl Pushed From Two-Storey Building Dies

Advertisement
Advertisement

z

   


Article Banner