Nigeria to Boost Oil Production to 2 Million Bpd by 2027
Nigeria’s national oil company is set to increase oil production to 2 million barrels daily over the next two years, its executive vice president for upstream said. By 2030, NNPC will be pumping 3 million barrels daily, Udy Ntia also said, as quoted by the News Agency of Nigeria. Speaking at ADIPEC in Abu Dhabi, Ntia said that “Nigeria’s upstream sector is evolving through a mix of collaboration, co-investments and smarter capital deployment, rather than competition. It is not just about producing more oil, it is about producing…