The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a crude oil production target of 367.5 million barrels for oil firms operating in the country for the first half of 2025.
This target aligns with Nigeria’s broader goal to enhance its oil output, which is projected to reach 2.06 million barrels per day by 2025, including condensates.
The Commission also announced that local refineries will require 770,500 barrels per day (bpd) of crude oil for effective…
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