NNPC Limited on Friday hosted a delegation from China North Industries Group Corporation Limited (NORINCO Group) to discuss cooperation in energy infrastructure, crude oil production, gas commercialisation and trading, technology, and investment.
The delegation, led by Mr Zuxi Huang, Vice President of China Zhenhua Oil Co., Ltd., a subsidiary of NORINCO Group, was received by the Group Chief Financial Officer, NNPC Limited, Mr Dapo Segun, and the Executive Vice President, Gas, Power and New Energy, Mr Olalekan Ogunleye and other members of the Company’s leadership who joined virtually.
NNPC broke the news on its X handle over the weekend.
According to the state-owned oil giant, both parties exchanged views on their respective business interests. They explored how a prospective partnership could add value to NNPC Limited’s operations, drive growth in crude oil and gas production and strengthen Nigeria’s energy security.
The engagement comes as international investors focus on Africa’s energy sector, with countries across the continent seeking to expand gas utilisation, address electricity gaps, and meet rising energy demand. With Africa’s largest proven natural gas reserves, Nigeria remains a major destination for energy investment. NNPC Limited continues to engage international partners to secure technical expertise and capital needed to expand the country’s energy infrastructure.
The Company has previously worked with Chinese firms in this area, including the Abuja Independent Power Plant project, which involved China Machinery Engineering Corporation (CMEC) and GE Vernova.
