OPEC Quota: NUPRC Seeks 400,000 mb/d More From Large-Scale Projects

0 207

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) anticipates an additional 400,000 barrels per day (b/d) from certain big projects in its effort to increase national crude oil output in order to surpass the 1.8 million barrels per day (mb/d) limit for the country.

Although security personnel and the Nigerian National Petroleum Company Limited (NNPCL) worked together to increase production to 1.6mb/d, NUPRC Chief Executive Officer Gbenga Komolafe claimed that efforts to increase volumes from the major projects in Prowe, Owowo, the Bonga North, and the Bonga Southwest were already producing the desired results.

As it is stated Nigeria OPEC quota is currently roughly 1.8million barrels of oil per day. ” He said that upon taking office, the commission established a group to immediately come up with further ideas.

The Nation

Leave A Reply

Your email address will not be published.