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Crude oil production hits 2.7m bpd

03 August 2012, 09:13

Abuja  -The Group Managing Director of the NNPC, Mr Andrew Yakubu, in Abuja on Thursday said that Nigeria now produces 2.7 million barrels of crude oil per day.

Yakubu made this known when Gov. Gabriel Suswam of Benue led a delegation to pay him a courtesy visit.

He said that the security measures put in place by the Federal Government in the Niger Delta region had led to the leap from 2.4 Mbpd to 2.7 Mbpd.

``We want to thank President Goodluck Jonathan for his great initiative to restore security with regards to the pipelines and our crude oil production facilities.

``We also thank the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, for driving the process.

``I am glad to report that we recorded an all time high of 2.7 million barrels in crude oil production yesterday. This has not been recorded before,” he said.

He appealed to the States and Local Governments, communities and other stakeholders to join the NNPC in safeguarding the pipelines and other strategic national assets.

The NNPC boss expressed the readiness of the corporation to collaborate with Benue Government to restore the Makurdi depot.

He added that a similar collaboration with the Abia Government recently led to the re-inauguration of the Aba depot.

Yakubu promised that the corporation would ensure supply of products as soon as the pipelines from Aba to Enugu and Enugu to Makurdi depots were certified all right.

``We have not had any negative report from the Enugu to Makurdi pipelines and as soon as we do our integrity check and they are okay, we will commence supply to the Makurdi depot. ’’

On the issue of gas infrastructure, Yakubu said that various gas pipeline projects were presently ongoing across the country to support the industrialisation efforts of the Federal government.

He called on governors and other stakeholders to support the quick passage of the Petroleum Industry Bill before the National Assembly.

Yakubu noted that the bill made provision for the growth of private initiatives in the petroleum Industry.

Earlier, Suswam commended the NNPC for the Kerosene Direct initiative and said that the scheme had helped in the distribution of the product to the common people in the state.

Suswam said that the State Government was willing to partner with the corporation in the resuscitation and expansion of the Makurdi depot, development of gas infrastructure and the ethanol project of the NNPC.

The governor also made a presentation on the Markurdi tank farm project and solicited the support of the NNPC in this regard.



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