Mele Kolo Kyari, is the Managing Director of the Nigerian National Petroleum Corporation (NNPC), which is a state-owned oil Corporation established April 1, 1977. In addition to its exploration activities, the Corporation was given mandate and operational interests in refining, petrochemicals and products transportation as well as marketing. Between 1978 and 1989, NNPC constructed refineries in Port Harcourt, Warri and Kaduna. Besides, it earlier took over the 35,000 barrels Shell Refinery established in Port Harcourt in 1965 and expanded to 60,000 barrels per day capacity plant in 1972. This first refinery and the relatively newly built one in the area are merged to form the Part-Harcourt Refinery and Petrochemical Company (PHRC). In 1988, the NNPC was commercialised into 12 Strategic Business Units (SBUs), covering the entire spectrum of oil industry operations: exploration and production, gas development, refining, distribution, petrochemicals, engineering, and commercial investments among others.
Under ongoing reforms, the Corporation is transforming from a traditional oil and gas entity into an integrated energy outfit with interest in power generation and transmission. The decision to diversify into the power sector is hinged on the need to bridge the huge energy gap in the Nigerian market. The new posture has seen NNPC reinvigorate a long held drive for the development of bio-fuels in Nigeria through partnership with core investors to create a low-carbon economy and link the Oil and Gas sector to the Agricultural one. This is also to aid in mitigating the adverse effects of climate change and fast-track the transformation of NNPC into an energy company with a cocktail of product portfolios.
MISSION, VISION AND CORE VALUES
NNPC is an integrated Oil and Gas Company, engaged in adding value to the nation’s hydrocarbon resources for the benefit of all Nigerians and other stakeholders.
NNPC will be a world-class oil and gas company driven by shared commitment to excellence.
- Respect for the Individual
- Staff development and growth
- Integrity, transparency and accountability
- Professional Excellence