Wednesday 10 August 2016

NNPC LISTS OBSTACLES TO NIGERIA’S RESERVE, PRODUCTION TARGET

NNPC HeadquartersThe Nigerian National Petroleum Corporation has hinged the inability of the country to reach the Four million production and 40 billion reserve target on funding constraints, infrastructure vandalism, security concerns and a host of others.\

The Group Managing Director of NNPC, Dr. Maikanti Baru, who made this disclosure during the conference organised by the Society of Petroleum Engineer (SPE) Nigeria Council, said that the Federal Government is committed to ensuring production and reserve growth by restoring oil and gas production to peak levels, growing the production mix and portfolio of oil and gas reserves through very transparent processes.

Read more @ The Guardian

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