Leverage on Gov’t Support to Boost National Output – Lokpobiri to JV Partners
The Minister of State for Petroleum, Sen. Heineken Lokpobiri has called on Joint Venture Partners to maximise the available potentials for increased production.
He said, as part of the strategic drive to ramp up crude production, significant efforts have been made to ensure smooth operations for industry players, and this includes the Executive Orders signed by President Bola Ahmed Tinubu, and other interventions that supports industry players.
Sen. Lokpobiri made this call, while carrying out a facility tour of the Ofon FSO and Egina FPSO, Joint Ventures between NNPC Limited and TotalEnergies E&P Nigeria Limited, during which he commended the JV partners for their contributions to our national production capacity with Ofon FSO and Egina FPSO, producing around 40,000bpd and 97,000bpd, respectively.
He also emphasized the importance of ramping up production to align with our overarching objective of boosting national output. With the numerous interventions by FG and the vast opportunities available, there is a clear path for increased production.
He expressed optimism that by optimizing existing assets and leveraging Government support, the sector expects to witness a significant improvement in output, reinforcing Nigeria’s position in the global energy landscape.