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Konga

FirstBank


The Nigerian National Petroleum Corporation (NNPC) has promised the delivery of three new gas fired power plants it plans to build in Abuja, Kaduna and Kano with its joint venture partners will be completed by 2019, to boost power generation in the country.

The corporation also stated that within the same period, it would increase the crude oil production capacity of its exploration and production (E&P) arm, the Nigerian Petroleum Development Company (NPDC) to 300,000 barrels per day (bd), before moving it further to 700,000bd.

This projections were declared by the Group managing Director of NNPC, Dr. Maikanti Baru during a recent press briefing.

 

Baru, who was represented by NNPC's Chief Operating Officer (COO), Gas and Power, Saidu Mohammed, at the briefing, added that the three plants combined will generate up to 3,000 megawatts (MW) of electricity.

According to him, NNPC currently has interest in two power plants in Okpai, Delta State and Afam, Rivers State, which were built on its Joint Venture (JV) partnership with Nigerian Agip Oil Company (NAOC) and Shell. The two plants collectively generate up to 1,000MW.

Mohammed said the corporation would be providing up to 4,000MW of electricity to Nigeria's grid when the three plants are completed.