The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, has disclosed that construction of the $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline project has reached 72% completion as of the end of the first quarter of 2025. The announcement was made at the 2025 Oloibiri Lecture Series and Energy Forum organized by the Society of Petroleum Engineers Nigeria in Abuja.
Ojulari, represented by Executive Vice President for Upstream Udobong Ntia, also mentioned that the company is integrating technology to lower its production cost from the current average of $40 per barrel. He emphasized that NNPCL is actively shaping Nigeria’s energy future through substantial investments in infrastructure and technology.
In alignment with Nigeria’s goal to achieve net zero emissions by 2060, NNPCL has initiated several gas-led transition programs, including expanding its autogas program to target over one million vehicles by 2026 and completing critical infrastructure projects like the AKK pipeline. The company also contributes about 1,500MW of installed power capacity to Nigeria’s power sector.
Source: punchng.com
