Nigeria’s daily crude oil production increased by nine per cent to about two-point-zero-nine million barrels in 2018, when compared to the 2017 average production of one-point-eight-six million barrels.
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Maikanti Baru, says the nation has maintained a line of consistent year-on-year improvement in its daily crude oil production.
In a statement by NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, Dr. Baru singled out Nigerian Petroleum Development Company, the corporation’s Upstream flagship company, as the major contributor to the Industry’s success story in 2018, expressing enthusiasm on the 52 per cent daily crude oil production growth by the company vis-à-vis its 2017 performance.
According to Baru, the average production from Nigerian Petroleum Development Company’s operated assets alone grew from an average of 108,000 of oil per day in 2017 to one hundred and sixty-five thousand. He described the feat as the strongest production growth within the Oil Industry in recent times, even as he added that it was worth being celebrated.
Join our twitter community :