NNPCL to raise crude oil production to 3mbpd by 2030
Bashir Ojulari, the new group chief executive officer of the Nigerian National Petroleum Company Limited, has pledged to attract sectoral investments worth $30 billion and $60 billion by 2027 and 2030, respectively.
Mr Ojulari said the company would raise crude oil production to over two million barrels daily, sustained through 2027 and attain three million by 2030.
He disclosed this at a town hall meeting with the NNPC Ltd staff in Abuja a few days after assuming duties, determined to pursue the company’s bold ambitions and build an NNPC that will be the pride of all Nigerians.
Mr Ojulari, in a statement on Friday, said the company would also expand refining output to 200kbpd by 2027 and 500kbpd by 2030.
While unveiling his agenda, he said NNPCL would grow gas production to 10 billion cubic feet (bcf) per day by 2027 and 12bcf by 2030 and deepen energy access and affordability for all Nigerians.
The NNPCL chief said the targets were not just metrics but indicators of hope, jobs, industrial growth, and energy security for millions of Nigerians.
(NAN)
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