In consonance with its commitment to guarantee unimpeded supply and distribution of petroleum products across the country, the Nigerian National Petroleum Corporation, NNPC, has reaffirmed its commitment to build more refineries in the country to boost local refining capacity as well as create employment opportunities for the teeming unemployed youths.

The NNPC is guaranteeing a continuous dialogue between the Corporation and the International Oil Companies (IOCs) towards resolving key areas of concern, Group Managing Director of the Corporation, Engr Austen Oniwon has said.

The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has pledged Nigeria’s support for the fledgeling petroleum industry in Uganda.

The harmonized version of the 2010 cash call budget for projects in the gas sector has been presented to the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.

A strong sense of enthusiasm ran through the people of Kogi State on Thursday as the Nigerian National Petroleum Corporation led a team of Chinese investors and engineers from the China State Engineering Construction Corporation to appraise the physical environment of the proposed location of the Kogi State Refinery and kick start preliminary project design activities.

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Engr. Austen Oniwon, has called on all members of the Oil Producers Trade Section of the Lagos Chamber of Commerce and other stakeholders in the petroleum industry to partner with the Corporation to ensure the quick passage of the Petroleum Industry Bill.

Contrary to a statement credited to the Hon. Minister of state for Finance, Mr. Remi Babalola that the NNPC is insolvent, the Management of the Corporation Tuesday canvassed strong arguments to the contrary.

Contrary to insinuations created in some quarters that the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke has been unduly interfering in the day-to- day running of the Pipelines and Products Marketing Company, PPMC, (a subsidiary of the NNPC) and the Petroleum Products Pricing Regulatory Agency, it has become clear that such is not possible as both agencies are not administratively within her direct supervision.

Vigilant security personnel attached to the imposing corporate headquarters of the Nigerian National Petroleum Corporation, NNPC Towers, Abuja about 8.30pm on Thursday prevented a fire outbreak at the building when they squelched an attempt by a strange fellow to set fire on the tank of the diesel generator which supplies power to the Towers.

In its avowed commitment to ensure efficient distribution and supply of gasoline across the country, the Nigerian National Petroleum Corporation, NNPC, and Zamfara State Government is to establish a 200,000 barrels per day capacity refinery in the State.