NNPC Seeks Experienced Technical Partners to Deliver Sustainable Refinery Turnaround
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has revealed that the national oil company is engaging technical partners with proven expertise in refining and petrochemical operations as part of efforts to reposition Nigeria’s refineries for sustainable performance and profitability.
Ojulari made this known while speaking during a fireside chat titled “Securing Nigeria’s Energy Future” at the Nigeria International Energy Summit (NIES) 2026 held in Abuja.
He explained that the company’s new strategy goes beyond traditional financing and Engineering, Procurement and Construction (EPC) arrangements, focusing instead on establishing an efficient operating framework that guarantees long-term sustainability.
According to him, restoring refinery operations requires three key components—financing, capable EPC contractors, and world-class operational expertise—adding that NNPC Ltd is actively working to ensure all three elements are effectively aligned.
“Getting refineries up and running requires three critical elements: financing, a competent EPC contractor, and world-class operational capacity. That is exactly our focus at the moment,” he said.
Ojulari noted that the company is now better positioned for commercial growth and profitability, driven by its ongoing transformation agenda aimed at strengthening Nigeria’s energy security.
Speaking on progress recorded in tackling crude oil theft and improving pipeline availability, the NNPC Ltd chief attributed the gains to enhanced collaboration with upstream operators and renewed stakeholder engagement, which he said has improved investor confidence, productivity, and operational performance.
He further highlighted the Federal Government’s intervention in addressing security challenges in the Niger Delta through structured surveillance programmes, including the deployment of advanced technology solutions and coordinated security operations. These measures, he said, have helped stabilise production activities while supporting stronger engagement with host communities through targeted corporate social responsibility initiatives.
Ojulari also pointed to the recently introduced NNPC Ltd Gas Master Plan 2026, describing it as a market-driven framework designed to promote domestic gas utilisation, expand industrial growth, and create shared economic value. He explained that the plan aligns with the Federal Government’s Decade of Gas Initiative, which positions natural gas as a central pillar for economic development and energy transition.
On corporate governance, the GCEO commended President Bola Ahmed Tinubu for strengthening the company’s leadership structure through the appointment of industry professionals to the NNPC Ltd Board and management team, noting that the move enhances commercial discipline and global competitiveness.
He expressed confidence that the combination of industry expertise, international experience, and a skilled workforce will position NNPC Ltd as a performance-driven national energy company capable of delivering long-term value to stakeholders.
