FG projects 600,000-barrel daily crude increase from fresh investments
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has projected an increase of about 600,000 barrels per day in the country’s crude oil production, driven by new investments and the implementation of 28 approved Field Development Plans in 2025. The Commission stated that the new developments are expected to add approximately 600,000 barrels of crude oil and more than two billion standard cubic feet of gas […]