NUPRC head says Nigeria wants to increase oil output to 2.2 million barrels per day
Thirty percent and thirty-four percent, respectively, of Africa's reserves of gas and oil are found in Nigeria.According to Gbenga Komolafe, the CEO of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria has the capacity to produce 2.2 million barrels per day (bpd) as opposed to the 1.5 to 1.6 million that are now produced.This was revealed by Komolafe on Tuesday in Lagos during the 8th Sub-Saharan Africa International Petroleum, Exhibition and Conference (SAIPEC). The Petroleum Technology Association of Nigeria (PETAN) organized the conference, which had the topic "The Next Steps: Accelerating African Content," according to the News Agency of Nigeria (NAN).According to him, the oil and gas in Nigeria respectively represent 30% and 34% of the African oil and gas reserves. “Although the actual national production currently averages 1.33 million barrels of oil per day and 256 thousand barrels of condensate per day
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