FEC | Doowe Gas

Kachikwu: Nigeria to Earn $2bn in the Short-term from Proposed Fiscal Policies for Oil Industry

Nigeria is eyeing at least $2 billion in the short-term, and $9 billion in the long-term from the rollout of a new fiscal policy it has initiated for her oil and gas industry, the Minister of State for Petroleum Resources,...

November 5, 2017

Green Post

‘Nigeria’s crude oil production hit 2.025mbpd in June’

• Refineries yet to secure financiers for rehabilitation • Govt approves national gas policy The Federal Ministry of Petroleum Resources has put Nigeria’s crude oil production, including condensate at 2.025 million barrels per day in June 2017.Besides, the agency said...

July 7, 2017

Green Post

Nigeria looking to gas as oil reserves set to dry up in 25yrs – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on behalf of President Muhammadu Buhari declared on Wednesday that Nigeria’s oil reserve have been estimated to dry up in the next 25 to 30 years at most, Tribune reports. To this...

June 30, 2017