The storage arrangement otherwise known as thru put operated by the Nigerian Independent Petroleum Company (NIPCO) for the Nigeria National Petroleum Corporation (NNPC) has reached a record mark of 1.8 billion litres in the last nine years. The thru put programme, which allowed the NNPC to...
The Nigerian National Petroleum Corporation [NNPC] has explained why NIPCO PLC remains a strategic partner with the corporation in the downstream sector of the nation’s oil and gas industry even as the company’s thru-put figures reached 1.8 billion litres of white products. Henry Ikem Obih, the...
Vigorously pursuing the gas alternative is perhaps the surest way to diversify Nigeria’s economy It appears to us more like a rare admixture of tenacity and belief than economics and the pursuit of profits. This is the laudable story of NIPCO Plc., an indigenous oil and...
NIPCO Plc, formerly called IPMAN Petroleun Marketing Company Limited (IPMCL) was incorporated by members of the Independent Marketers Association of Nigeria (IPMAN) on January 8th, 2001 as a Private Limited Liability Company to participate in the distribution of White Petroleum Products business across the nooks...
Stakeholders in the oil and gas sector have urged the Federal Government to do more in ensuring effective utilisation of domestic gas consumption. Nigeria is the seventh country with largest gas reserves with proven 187 trillion cubic feet reserves gas. Speaking with the Nigerian Tribune...
A former President, Chief Olusegun Obasanjo, on Sunday urged the Federal Government to promote the use of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) in the country. Obasanjo made the plea during a courtesy visit by the management of NIPCO Plc to Obasanjo...
A BUSINESS DAY SPECIAL REPORT ON INDIGENOUS PARTICIPATION IN NIGERIA'S OIL AND GAS INDUSTRY Nipco Plc, an indigenous integrated oil and gas company started operations at its state- of –the- art terminal in Apapa Lagos in 2004 and has since remained a consistent and significant player...
The Chairman, House of Representatives Committee on Downstream Sector, Hon. Joseph Akinlaja has lauded the seamless operation of Nipco terminal in the petroleum products storage and distribution across the nooks and crannies of the nation. Hon Akinlaja who gave the commendation during a courtesy visit to...
Nipco plc, an integrated oil and gas operator has inaugurated new product storage facility to boost the company’s efforts at meeting the growing demands by its esteemed customers. The new facility consisting of three tanks with a total storage capacity of about 35million litres of...
Nipco plc, an integrated oil and gas operator has inaugurated new product storage facility to boost the company’s efforts at meeting the growing demands by its esteemed customers. The new facility consisting of three tanks with a total storage capacity of about 35million litres of...
