PIA to open investment opportunities in Nigeria – Kyari | The Guardian Nigeria News - Nigeria and World News

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Mallam Mele Kyari, Chief Executive Officer, Nigerian National Petroleum Company (NNPC), says the newly passed Petroleum Industry Act (PIA) will attract more business Investments in Nigeria.

Kyari gave this assurance at the ongoing World Petroleum Congress on Wednesday, in Houston, Texas.

” We have a robust partnership today working for us; we are also looking forward to more partnership. He said that the Act provides the needed improvements in fiscal and governance frameworks, emphasizes transparency and accountability as well as provides a level playing field for all players. “Who would have ever thought that the price of natural gas could sell as high as 60 dollars per million British Thermal Unit ,” he asked.

“We have seen how building sustainable partnerships is working in the Industry with one of the recent examples being the alliance of Canada’s oil sands producers to achieve the net-zero emissions, forced by the pressure to meet energy transition goals.

 

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