3mbpd target, N49.7tr budget rest on new FIDs, secure oil assets

Nigeria’s plan to increase oil production to three million barrels per day (bpd) this year rests on its capacity to further check crude oil theft, with incidents hovering around 1,528 in less than two months, divestments and high cost of oil production. The post 3mbpd target, N49.7tr budget rest on new FIDs, secure oil assets appeared first on The Guardian Nigeria News - Nigeria and World News.

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