By Musbau Babatunde
Nigeria is expecting additional 400,000b/d from some mega projects onProwe, Owowo, the Bonga North and Bonga Southwest .
The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC),Gbenga Komolafe,disclosed this recently.
He said:“Our core focus is how we can get the mega projects like the Prowe, Bonga North, the Bonga South West Aparo, the Owowo to major projects with combined volume of about 400,000 barrels per day”.
He explained that following the approvals for Field Development Programmes (FDP) for some of the 2020 marginal field bid investors, the commission is optimistic of exceeding the OPEC quota.
He added: “We are very optimistic about attaining and surpassing our OPEC quota. Like you said Nigeria OPEC quota is now about 1.8million barrels of oil per day.Currently, with the kinetic effort being deployed by the joint security forces and the NNPC and the regulator, as at now we have been able to attain 1.6mb/d in terms of our crude oil production;
“But having said that, like I said we are very optimistic as a commission that we have the capacity to attain and surpass our OPEC quota of the figures we just talked about through the intentional efforts that the commission is making: engaging the investors.”
The commission had on assumption of office inaugurated a committee to quickly brainstorm and bring in supplementary volumes to enhance the national oil production,he said.
He also said: “So we are engaging the operators to ensure that these projects come into fruition in real time basis.With all this happening and the current FDPs that have been approved we are very much optimistic that we will achieve and surpass our OPEC quota.”
