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Nigeria Eyes 600,000 BPD Boost from New Oil Field Investments by End of Year

Nigeria Eyes 600,000 BPD Boost from New Oil Field Investments by End of Year

Nigeria's NUPRC expects 28 new field development plans to deliver an additional 600,000 bpd of crude oil by year-end.

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) expects 28 new field development plans approved this year to deliver an additional 600,000 barrels of crude per day and over 2 billion standard cubic feet of natural gas. These investments are part of NUPRC's goal to increase Nigeria's oil production. The commission aims to boost the country's oil output, reducing dependence on imports.

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