Mele Kyari, group chief executive officer, of the Nigerian National Petroleum Company (NNPC), has revealed that the state-owned oil company and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4 standard cubic feet per day (scfd) in November.
This was announced by Olufemi O. Soneye, chief corporate communications officer of the NNPC, in a press statement made available to BusinessDay on Thursday.
Speaking on the development, Kyari congratulated the Production War Room Team that anchored the production recovery process.
“The team has done a great job in driving this project of not just production recovery but also escalating production to expected levels that are in the short and long terms acceptable to our shareholders based on the mandates that we have from the President, the Honourable Minister, and the Board,” Kyari said.
Giving details of the efforts of the Production War Room, Lawal Musa, the chief War Room coordinator and senior business adviser to the GMD, disclosed that the feat was achieved through the collaborative efforts of Joint Venture and Production Sharing Contract partners, the Office of the National Security Adviser, as well as government and private security agencies.
He said the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.