LisaToday we will be looking at the unveiling of Pinnacle oil and gas limited petroleum product intake off take and storage facility situated at the lekki free trade zone in Lagos zone.
present at the event were the executive management of Pinnacle oil and gas , the governor of Lagos State , the group Chief Executive Officer of the Nigerian National Petroleum Company Limited , the Emir of illorin who is also chairman board of directors of Pinnacle oil and gas limited, other Royal fathers and dignitaries in the oil and gas sector .
the project which kicked off in 2011 and is now set for operations, is expected to facilitate the receipt of imported petroleum products and improve energy Security in the country .
the company’s Group chief executive officer Peter Amba is confident that the facility will bring significant Improvement in the sector.
“conversation with the dangote group regarding collaboration to complement the operations of the nearby dangote refinery which which is soon to come on stream with a view to forming the nucleus of what we Believe will become Africa’s largest energy logistic home.” He said
for the nnpc boss ,” the development is a huge step in the journey to attaining energy security energy requirements are growing substantially despite all the compositions around energy transition that you hear, clearly what is happening today is a massive growth in our economy and that requires energy and it can’t work without energy and I know that facilities like this will become very Very Primary in the journey towards energy sufficiency and security.”
Governor babajide says the facility is another landmark private sector achievement in the country this facility will not only serve Nigeria , it’s also been positioned to look at the opportunity of exports on the West African Corridor there will be better Commerce happening there will be better growth in our GDP and indeed our citizens our young people you know that Are craving for opportunity for jobs.
speaking in a video message president muhammadu buhari describes the project as proof of the success of his administration’s agenda to transform the sector the Sexes over agenda to transform our country is clearly demonstrated by this massive investment and obvious contributions it has made to our overall economic well-being .
congratulations to Pinnacle Islanders the company which Prides itself in its efficient Logistics solutions for petroleum products operations says the terminal with over 1 billion liter capacity will fulfill its Promise by positively impacting the downstream oil and gas industry in the country.
Lisa