May 20, 2023This is according to Mele Kyari, the Chief Executive Officer of Nigerian National Petroleum Company Limited, NNPCL, while speaking at the Nigerian Oil & Gas Opportunity Fair 2023 at the N
May 20, 2023This is according to Mele Kyari, the Chief Executive Officer of Nigerian National Petroleum Company Limited, NNPCL, while speaking at the Nigerian Oil & Gas Opportunity Fair 2023 at the NCDMB Conference Center in Yenagoa, the capital city of Bayelsa State.Crude oil production in the oil-rich Niger Delta region has continued to witness challenges due to insecurity with a negative impact on overall outputs.
He said, “The insecurity in the Niger Delta is a challenge. We are risen to the challenges with our partners with government security agencies. It is paying off. We have production down to close to 1.1 million barrels. In March, we were able to hit 1.6 to 1.7million barrels with some operational issues last week. We know that we will achieve our objectives of being fully operational.”
He hinted that the Shipyard project entails the development of a 310m graving dock, and 650m fitting out quay for LNG carriers, oil tankers, and cargo ships of up to 150,000DWT .
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