NNPC says Nigeria’s oil production cost down 70.5% to $23/Barrel

by | August 16, 2017 5:51 pm

The Nigerian National Petroleum Corporation (NNPC) said it has driven down the cost of crude oil production from $78 dollars per barrel as at August 2015 to $23 per barrel representing 70.5 per cent reduction. The Group General Manager of National Petroleum Investment Management Services (NAPIMS), a unit of NNPC,  Dafe Sejebor, who disclosed this…

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