The Nigerian National Petroleum Company Limited, NNPCL, on Saturday, in Abuja said the production of 3 million barrels of crude oil per day is achievable from the 1.7 million it is presently producing.
Making the declaration at the Stakeholders Engagement Session the NNPCL had with journalists covering the National Assembly, the Chief Corporate Communications Officer of the company, Olufemi Soneye said the feat is attainable with support from all stakeholders.
He said the political will in that regard, is already provided by President Bola Tinubu with directives to relevant security agencies to stem the ugly tide of oil theft and pipeline vandalism, which according to him, led to the increase in daily oil production from 1.4 million to 1.7 million barrels per day now.
“3 million barrels of oil production per day is achievable in Nigeria if all the stakeholders work in synergy for that purpose from the security agencies, both government and privately owned, to oil companies and host communities.
“With expected synergy from all the relevant stakeholders on war against oil theft and pipeline vandalism, the required enabling environment would be in place for optimal oil production to the volume of 2.5 to 3 million barrels per day,” he said.