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?

<p>Market push for a shift towards cleaner energy sources (D)</p> Signup and view all the answers

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

<p>To increase oil and gas production, optimize costs, and decarbonize portfolio (A)</p> Signup and view all the answers

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

<p>The current and future energy needs of economies, enterprises, and societies (C)</p> Signup and view all the answers

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

<p>Broadened social impact in Nigeria and West Africa (C)</p> Signup and view all the answers

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

<p>To increase gas transmission and sales for domestic use and LNG exports (D)</p> Signup and view all the answers

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

<p>To focus on strategic investments (C)</p> Signup and view all the answers

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

<p>To grow NNPC interests in the energy sector (D)</p> Signup and view all the answers

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