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FG plans support for NEPL, NOSL for increased gas production

The Minister of State for Petroleum Resources, Gas, Hon. Ekperikpe Ekpo, has announced the Federal Government’s commitment to support the operations of the Nigerian National Petroleum Company Limited (NNPCL), National Exploration and Production Limited (NEPL), and Natural Oilfield Services Limited (NOSL) in achieving their production targets.

He emphasized that such support would enhance the country’s gas production capacity.

The Minister made this announcement during an official visit to OML-13, the operational base of NEPL and NOSL in Akwa Ibom State.

He expressed satisfaction with the companies’ strong ties and robust relationships with host communities, which have fostered peaceful operations.

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He urged NEPL and NOSL to expedite the establishment and implementation of the Host Community Development Trust Fund, as mandated by the Petroleum Industry Act of 2022.

Additionally, he encouraged the companies to extend power supply from the flow station to the communities so that they can experience the positive impact of the company’s operations.

During the visit, a representative of the NEPL-NOSL management noted that the company has production facilities with a capacity of 60,000 barrels of oil per day and 90 million standard cubic feet of gas per day.

The company expects to reach its full production potential before the end of 2024.

“We consider our host communities as critical partners, and we have given utmost attention to community development projects (CDP).

Our priority is to ensure our host communities are positively impacted by being involved in our day-to-day operations,” he explained.

The representative also highlighted several programs and projects that have directly improved the lives and living standards of the host communities, with many more projects in the pipeline.

These initiatives include medical outreaches, scholarship grants for students in higher institutions, the provision of medical equipment to hospitals, and skills acquisition training programs.

The company has also undertaken the construction of boreholes, roads, and bridges, as well as the distribution of school furniture, laptops, electronic tablets, transformers, and more.

Additional community development programs are planned for the future.

The Minister’s visit provided him and his team with the opportunity to conduct a firsthand assessment of the oil and gas production facilities at OML-13 in the Eastern Obolo Local Government Area of Akwa Ibom State.

Among those in the inspection team, which aligned with President Bola Tinubu’s vision of a Green Nigeria within three to five years, were Dr. Uduak Obot, Zonal Manager of Akwa Ibom and Cross River Zonal Operations of the Nigerian Content Development and Monitoring Board (NCDMB); Abel Nsa, Senior Technical Adviser to the Minister; Mr. Olalekan Ogunleye, EVP Gas; and others.

NIGERIAN TRIBUNE

Udeme Utip

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