NNPC Limited, led by Group Chief Executive Officer Mele Kyari, has highlighted the imperative of collaborative endeavors to reshape the oil and gas industry. Kyari emphasized that navigating future energy dynamics necessitates a collective commitment to sustainable practices.
Speaking at the 41st Annual Conference of the Nigerian Association of Petroleum Explorationist (NAPE), themed "Repositioning the Oil and Gas Industry for Future Energy Dynamics," Kyari's sentiments were conveyed by EVP Upstream, Oristsemeyiwa Eyesan. The NNPC's dedication to addressing cost barriers hindering the adoption of clean energy, especially in economically constrained regions, was reiterated at the event, which focused on sustainable development and innovation.
Kyari acknowledged the industry's challenges and stressed the importance of adaptability and leadership in the evolving energy landscape. He asserted the pivotal role played by explorationists in shaping the future of the oil sector, emphasizing the collaborative effort required for repositioning. Additionally, Kyari discussed the limitations of existing renewable technologies, highlighting the need to address issues such as intermittency, predictability, and reliability.
Addressing the dynamic nature of energy sources, Kyari called for a balanced and complementary energy portfolio, emphasizing that various sources should complement each other rather than compete. His overall message underscored the NNPC's commitment to sustainable practices and the collective responsibility needed to navigate the complexities of the evolving energy sector.
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