The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd), a subsidiary of NNPC and Natural Limited Oilfield Services Limited (NOSL), has announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom state.
The NNPC announced this in a statement signed by its chief corporate communications officer, Olufemi Soneye, on Sunday, May 12, 2024.
It said the production, which began on May 6, 2024, with about 6,000 barrels of oil, is expected to be ramped up to 40,000 barrels daily by May 27, 2024.
The statement reads:
According to the statement, the first oil from OML 13 is important as it contributes to Nigeria’s efforts to increase its oil production capacity, which is critical for domestic energy needs and the economy.
According to a report, Soneye said the NNPC E&P and NOSL partnership is also committed to operating in a safe, environmentally responsible way that benefits the local communities.
TimesNow.com.ng also reported that following the protracted petrol scarcity in Nigeria, the chairman of the senate committee on Petroleum (Downstream), Ifeanyi Ubah, said that two Nigeria refineries would become fully operational this year.
Ubah said the Port Harcourt and Warri refineries are currently undergoing turnaround maintenance and will function on the set dates.
The senator said plans have already begun to achieve the set target, adding that the Kaduna Refinery would also become functional before the end of 2025.
Proofreading by James Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
