ABUJA: Nigeria’s upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, an ambitious jump from 2023 levels of around 1.6 million bpd.
Africa’s biggest oil exporter, Nigeria has suffered declining production due to crude theft and vandalism of pipelines in the Niger Delta as well as low investment in the…
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News Source: www.brecorder.com
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