Gas Production: Senate Commends N.D.D. C, N.L.N.G Partnership On Local Content
Channel: Plus TV Africa
Date: 05/12/2023

Minister of State for Petroleum Resources, Heineken Lokpobiri, has said the country is on track to surpass the oil production quota set by OPEC. At the 36th OPEC and non-OPEC ministerial meeting, the global oil cartel suggested Nigeria could achieve 1.5 million barrels of crude oil per day in 2024. However, three consultancy firms, IHS, Rystad Energy, and Wood Mackenzie, have said Nigeria will not meet the target. Nigeria currently produces 1.5 million barrels of crude daily.

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