The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mr. Mele Kyari in this interview by GI Consultancy Intelligence spoke on the 2023 outlook for the energy sector, crude oil production in Nigeria and how the National Oil Company is winning the war against crude oil theft and pipeline vandalism. THE WHISTLER brings you Excerpts from the interview…
It is very clear from all market analysis that there is a shortage of supplies globally. Nobody is doing much to close those gaps and that is why in the last ten years, there was massive underdevelopment in our sector for very many reasons. Some for economic reason and most importantly associated with energy transition conversation and this was further complicated by the Covid-19 pandemic where investment came very low for people to put their money in this business and we are still seeing the impact of that.