#Country Updates #News #Nigeria #Upstream Oil & Gas News

NPDC planning 500,000 barrel of crude oil per day –Kyari

Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its production to 500, 000 barrels of crude oil per day in the next two years to meet domestic consumption.

Speaking at the facility tour of Gas Handling Facility in Ologbo, Benin on Wednesday, Kyari said NPDC was currently producing 260,000 barrels per day as against the 136,000 barrels per day it produced a year ago.

According to Kyari, this is a very magnificent level of growth in any upstream company. He added that the NNPC was working with NPDC to hit the set target.

He said, “With the current level of work, it is possible for the NPDC to hit 500,000 barrel per day in two years.

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Source: PunchNg

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