According to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, Nigeria’s gas production has reached seven billion cubic feet per day (cf/d), The Guardian reports. Baru, who made this disclosure in Lagos, during a Gas Roundtable organised by Nigerian Gas Association (NGA), noted that 1.2 billion cf/d of the total production is used for … Read More
Separation of NNPC’s regulatory and operational roles critical – PwC
A new report by PricewaterhouseCooper entitled, ‘The new nation builders: Creating the African national oil company of the future,’ has said that political involvement in the management of the Nigerian National Petroleum Corporation can lead to rapid turnover in key staff, creating difficulties in ability to execute strategic initiatives, The Punch reports. Noting that a proposed new Petroleum Industry Bill was … Read More