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LequteMan
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The Nigeria National Petroleum Corporation has announced that it would commence the unbundling of its Pipelines and Products Marketing Company Limited into three different companies.
NNPC GMD Ibe Kachikwu said this during an official tour of the Okrika Jetty and the Port Harcourt Refining Company Limited.
He said the PPMC would be split into a pipelines company that would focus primarily on the maintenance of the over 5000km pipelines of the corporation, a storage company that would maintain all the over 23 depots, and a products marketing company that would market and sell petroleum products.
According to a statement by the firm’s Group Public Affairs Division, Mr. Ohi Alegbe, the move would ensure that right set of skills were adequately positioned and the number of leakages in terms of pipelines break and product loss were reduced to the barest minimum.
NNPC GMD Ibe Kachikwu said this during an official tour of the Okrika Jetty and the Port Harcourt Refining Company Limited.
He said the PPMC would be split into a pipelines company that would focus primarily on the maintenance of the over 5000km pipelines of the corporation, a storage company that would maintain all the over 23 depots, and a products marketing company that would market and sell petroleum products.
According to a statement by the firm’s Group Public Affairs Division, Mr. Ohi Alegbe, the move would ensure that right set of skills were adequately positioned and the number of leakages in terms of pipelines break and product loss were reduced to the barest minimum.
