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NNPC Limited's Growth Strategy

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Questions and Answers

What is the primary goal of NNPC Limited's growth-focused strategy?

To reduce the social impact of non-core business

To focus solely on new energy projects across Nigeria and West Africa

To decrease gas transmission and sales for domestic use and LNG exports

To leverage significant energy reserves to meet current and future energy needs (correct)

What is the focus of NNPC Limited's Non-Core Business?

To focus on strategic investments (correct)

To increase oil and gas production and optimize costs

To expand the supply chain and grow retail network

To invest in large-scale new energy projects

What is NNPC Limited's goal for its Refineries & Chemicals segment?

To focus solely on new energy projects

To rehabilitate current assets and grow refinery and petrochemicals portfolio (correct)

To divest from current assets and reduce refinery and petrochemicals portfolio

To maintain the current refinery and petrochemicals portfolio

What is driving the long-term shifts in the global energy mix?

Market push for a shift towards cleaner energy sources Signup and view all the answers

What is the goal of NNPC Limited's E&P segment?

To increase oil and gas production, optimize costs, and decarbonize portfolio Signup and view all the answers

What is the primary driver of the growth-focused strategy adopted by NNPC Limited?

The current and future energy needs of economies, enterprises, and societies Signup and view all the answers

What is the expected outcome of NNPC Limited's investments in new energy projects?

Broadened social impact in Nigeria and West Africa Signup and view all the answers

What is the primary objective of NNPC Limited's Gas and Power segment?

To increase gas transmission and sales for domestic use and LNG exports Signup and view all the answers

What is the role of NNPC Limited's Non-Core Business in the growth-focused strategy?

To focus on strategic investments Signup and view all the answers

What is the ultimate goal of NNPC Limited's growth-focused strategy?

To grow NNPC interests in the energy sector Signup and view all the answers