THE Nigerian National Petroleum Company Limited (NNPCL) has signed a tripartite Memorandum of Understanding (MoU) with China Gas Holdings Limited and Peiyang Chemical Singapore PTE Ltd. (PCCS),

creating a framework for structured collaboration across key segments of Nigeria’s natural gas value chain.

The MoU was signed at NNPC’s headquarters in Abuja, in the presence of the Group Chief Executive Officer, Dr Bashir Bayo Ojulari; the Executive Vice President for Gas, Power & New Energy, Olalekan Ogunleye, and the General Manager of NNPC Gas & Power Investment Services, Ibrahim Hamza.

The agreement focuses on liquefied Natural Gas (LNG) development, covering flare-gas-to-LNG, floating LNG, and onshore LNG projects. It also encompasses gas-fired power generation and industrial facilities using domestic gas feedstock.

The MoU is designed to align international technical expertise with Nigeria’s domestic energy priorities, providing a formal governance structure to move projects from technical feasibility to commercial operations.

Speaking at the ceremony, Managing Director of PCCS, Tim Tian, said fast-tracking scalable gas infrastructure will be critical to converting resources into jobs, reliable power and industrial growth.

MEANWHILE, the Niger Delta Power Holding Company (NDPHC) has concluded the second phase of its 2026 Insurance Risk Engineering Survey at the Omotosho Power Plant and Sapele Power Plant, as efforts intensify within the power sector to strengthen operational standards, safeguard critical infrastructure and reduce risks associated with electricity generation.

The exercise, which ended on Friday, February 13, 2026, is part of the company’s engagement with international insurance partners to assess operational conditions across key assets and ensure alignment with global safety and risk management benchmarks.

The survey evaluated equipment condition, operational safety procedures, maintenance protocols and environmental risk factors, with a focus on improving plant reliability while reducing exposure to operational and financial vulnerabilities.

It was noted that risk engineering assessments remain increasingly important as generation companies seek to improve efficiency and reliability amid persistent challenges in Nigeria’s electricity value chain, including infrastructure constraints and maintenance gaps that have historically affected plant availability.