NNPC Ltd. and Indorama Eleme Petrochemicals Ltd., have signed a Memorandum of Understanding (MOU) to explore and develop suitable opportunities within the remits of both parties’ interests across the hydrocarbon value chain in Nigeria; a development that NNPC Ltd.’s GCEO, Mele Kyari, summarized thus: “NNPC Limited is on the threshold of making value out of gas beyond any imagination.” As the national energy company, one of NNPC Ltd.’s roles as enshrined in article 64(i) of the Petroleum Industry Act (PIA) is to promote the use of natural gas through the…
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