The Nigerian National Petroleum Corporation (NNPC) has signed memoranda of understanding (MoUs) with Chinese consortia to develop sustainable biofuels in the country.

 

At a ceremony yesterday in Beijing on the sidelines of the Forum for China-Africa Cooperation (FOCAC) Summit, the two pacts were signed between NNPC and OBAX-COMPLANT Consortium on one hand, and another involving the oil agency and CAPEGATE-NANNING Consortium.

Speaking at the event that held at the Nigerian Embassy in the Chinese capital, NNPC Group Managing Director, Maikanti Baru, explained that the agreements were aimed at implementing the Federal Government’s mandate on clean, alternative and renewable energy programmes, particularly automotive biofuel production nationwide.

Baru added that for a country like Nigeria with a daily consumption of over 65 million litres of automotive fuels, it was easy to see that enormous volumes of fuel-ethanol and biodiesel would be needed to meet this obligation.

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