As part of efforts aimed at improving the quality of petroleum products sold in the Nigerian market, the Nigerian National Petroleum Corporation (NNPC) has said it is committed to supporting Research and Development (R&D).
The Group Managing Director of NNPC, Dr. Maikanti Baru, disclosed this during an official tour of some R&D facilities of the Corporation in Port Harcourt on Wednesday.
Dr. Baru described research and development as a vital tool for advancement in any organization desirous of re-inventing itself in the ever competitive market place.
He therefore charged the management and staff of the division to support him in the renewed vision to transform R&D.
“Organisations that grow commit a significant part of their budget to research and development and we are going to do that; if what it takes for you to grow is to make you a limited liability company, we are going to do that,’’ Baru stated.
He then called the management staff of the division to brace up for the challenges that come with operating as a limited liability company.
“It means that your staff cost will not be borne by NNPC Corporate Headquarters but by you, and you have to make profit and support the Corporate Headquarters. We are looking forward to that day and we expect a lot from you,” he said.
Earlier, the Manager, Collaborative Research of the Research & Development Division, Engr. David Akpan, in a presentation made to the GMD said the R&D Division was working in collaboration with Petronas, Petrobras, Statoil and Saudi Aramco to achieve significant reduction in sulphur and carbon content as well as other impurities in diesel.
He noted that the scheme is aimed at improving the quality of diesel in the Nigerian market for efficient and optimal performance of diesel-powered engines, adding that the project also involves non-conventional upgrading of other refined products including crude oil.
Engr. Akpan explained that the mission of the Division was to carry out research, develop technology and provide services to the oil and gas industry. He added that its operation was propelled by the vision to be a world-class petroleum research centre driven by innovation and quality.
He said the Division has capabilities to handle sundry industry projects across the upstream, midstream and downstream sub-sectors.
