AD

Nigeria will raise oil production to 1.8m bpd in 2019 – NNPC

Nigeria will increase its oil production to 1.8 million barrels per day in 2019 and raise condensate production to 0.5 million bpd, the managing director of Nigerian state oil firm NNPC said on Tuesday.

Nigeria currently produces 1.6 million bpd of oil and 0.4 million bpd of condensate, Maikanti Baru told Reuters.

He added that he expected NNPC to sign deals with consortiums this month to revamp long-neglected oil refineries.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Bye-Election: INEC REC Commends Peaceful and Orderly Process
What FIFA Verdict Means For Nigeria
Akuku-Toru APC Unanimously Elects National Delegates
Nigerian AI Governance Strategist Introduces Framework for Communication
Bayelsa Education Commissioner Receives Leadership Award
Dave Of Africa Raises Alarm Over Soaring House Rents in Port Harcourt

Leave a Reply

Your email address will not be published.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