NNPC: Nigeria daily oil production reaches 2.3mbpd – Baru

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says the country’s daily oil production is currently 2.32million barrel pre day.

Baru disclosed this on Tuesday when a delegation of the Nigerian Union of Journalists (NUJ) led by its President Mr Chris Isiguzo visited his office in Abuja.

“Since we came in July 2016, we are focused on increasing production of oil and gas and condensates.

“At some point, our national combined production was about a million barrels; I am happy that as at the end of 2018, we have moved on averaging last year, about 2.1 million barrels.

“As I am speaking, this morning, I look at our production figures, combined oil and condensates we are pushing 2.32 million barrels a day,” he said.

According  to him, the stability and ability to push production has come as a consequence of several factors, both internally, externally and also with the help of the media.

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Commenting on the gas sector, he said that the corporation had also pushed from a low level of about 450 million standard cubic feet per day for the domestic alone and currently hovering at about 1.5 billion SCF per day of gas.

He noted that Internally, it’s subsidiary, the Nigerian Petroleum Development Company (NPDC), had pushed their production on the equity side, from a low figure of 65,000 barrels per day in 2016 to over 166,000 barrels per day equity.

” Overall production of the NPDC, we are able to maintain it at close to 300,000 barrels per day. It is quite a significant boost,” he added.

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