Amidst dwindling oil revenue occasioned by the coronavirus pandemic, Nigeria produced 155,062,220 barrels of crude oil and condensate for the months of July, August and September.
According to data from the Department of Petroleum Resources, the country produced a daily average of 1,701,738, 1,704,669 and 1,648,786 for the months of July, August and September 2020, translating to a combined production of 52,753.877, 52,844,750 and 49,463,593 for the three months respectively.
This was even as the regulator said Nigeria currently extracts hydrocarbon from 323 developed fields in both onshore and offshore basins.
The DPR statistics further indicated that the fields, which either contain crude oil, condensates or natural gas reservoirs, are connected to 265 production processing stations, after which the stabilised oil and gas are exported through 31 export terminals.
The report added that onshore processing infrastructures are linked to eight crude oil/condensates and NGLs export terminals through pipelines that span 5,284 km.
According to DPR, some of the delivery pipelines connected to the five onshore export terminals are utilised by both the asset operators and third-party oil producers, for transportation, storage and lifting of Crude oil blends through export or delivery to domestic refineries.
NNPC targets critical gas infrastructure projects from 2021 budget
Meanwhile, the Nigerian National Petroleum Corporation (NNPC), has hinted of plans to develop some of the country’s critical gas infrastructure from the 2021 budget.
The Group Managing Director of NNPC, Mr. Mele Kyari, gave the indication when the House of Representatives Committee on Gas Resources made an oversight visit to the Corporation in Abuja recently.
In his welcome address to the visiting legislators, Kyari, expressed gratitude to the Committee for its continued support to the Corporation, adding he was pressing on to ensure that approvals of budgets appropriated for core gas infrastructure alongside the passage of the Petroleum Industry Bill (PIB) which is currently before the National Assembly are looked into.
The GMD, who was represented by the Chief Operating Officer, Gas & Power, Engr. Yusuf Usman, said NNPC will continue to engage and seek further support for approvals of budgets appropriated for critical Gas Infrastructure Projects as well as the speedy passage of the Petroleum Industry Bill (PIB) 2020 which is currently before the National Assembly.
He reiterated the Corporation’s commitment to the provision of alternative fuels for Nigerians through the deployment of LPG and CNG skids at filling stations for automobiles.
Source: The Sun
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