New NNPC boss targets 40b crude reserve by 2023

Uche Usim, Abuja

The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari said the national oil company under his watch targets to have 40 billion barrels of crude oil reserve by 2023, while increasing daily production from the current 2.3 million barrels per day (bpd) to 3 million bpd.

Speaking shortly after taking over the reins of leadership from…

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