Oil reserves dip 0.74% to 37.01bn barrels as gas grows 2.21% — NUPRC

•Oil to last another 59 years By Obas Esiedesa, Abuja Nigeria’s oil and condensate reserves recorded a marginal decline of 0.74 percent to 37.01 billion barrels as of January 1, 2026, while gas reserves rose by 2.21 percent, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In its official declaration of the national petroleum reserves position,

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