Oil production nears 1.7mbpd

today05/20/2024 4

share close

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has stated that Nigeria’s oil production as of Saturday, was inching towards 1.7 million from 1.28 million barrels per day in April.
Kyari stated this during a stakeholders engagement between the Nigerian Association of Petroleum Explorationists and the NNPCL held in Lagos on Saturday, and according to him, the nation’s crude oil production keeps dropping due to oil theft and vandalism.
The NNPCL boss hinted that the country’s critical gas infrastructure projects are ongoing to ensure the transport of 8 billion stock of gas daily through an extensive pipeline network within the next four years.
He emphasised the need to fight insecurity in the oil and gas sector to increase production, announcing that there is substantial work that being done by the government to curb this menace.

Written by: bossgmsi

Rate it

Previous post


China Sanctions US Firms Over Arms Sales To Taiwan

China on Monday announced it would sanction three US defence companies over their sales of arms to Taiwan. The announcement came as Lai Ching-te was sworn in on Monday as president of the democratic island in the face of growing Chinese military pressure. According to the country’s commerce ministry, US firms General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security will be added to Beijing’s […]

today05/20/2024 3

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

Our customer support team is here to answer your questions.
error: Alert: Content is protected !!