Nigeria’s petroleum corporation to establish new oil and gas logistics center

NIGERIA – The Nigeria National Petroleum Corporation (NNPC) has received approval from the Federal Government for the establishment of an oil and gas logistic center in Akwa Ibom.

This was disclosed by Nigeria’s Minister of State for Petroleum Resources, Timipre Sylvia, at a gala night organized by the Akwa Ibom Government in honour of a delegation of Stakeholders in the oil and gas industry retreat in Uyo on Saturday.

Mr. Sylvia revealed that the Nigerian government has also okayed a partnership deal between NNPC and the Akwa Ibom government for the establishment of a petroleum depot.

The Minister for Petroleum further noted that Federal Government will partner with the state government of Akwa Ibom to build a base which will be the first in the region.

Sylvia urged the governor to set up a team to work with the NNPC in drawing up modalities for the collaboration.

He also noted that the visit was a response to Gov. Udom Emmanuel’s efforts in maintaining peace and security in the state.

Going further, the Minister said work at the oil and gas logistics center will start in earnest given that the project had already received support from Nigeria’s President who had helped by signing a free trade zone status for that area.

On his part, the Akwa Ibom State Governor, Udom Emmanuel, expressed his appreciation for the planned NNPC oil and gas logistics centre in the state.

Governor Udom Emmanuel also proposed that the groundbreaking be done in September to mark the state’s 33 years’ anniversary.

Emmanuel further urged the Minister for Petroleum to partner the state in the development of the 540 megawatts Qua Iboe Power Plant project.

He further used the occasion to push for the relocation of multinational oil giant, ExxonMobil to Akwa Ibom state, while assuring that the state is safe and peaceful for them.

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