Total, NNPC seal deal to grow national production, reserves
Nigerian National Petroleum Corporation (NNPC) has described Total Nigeria as one of its most important partners with visible outcomes, and made a pledge to a pact with the multinational to further grow national production and reserves, and meet the national target of 40 million barrels
At a meeting in Abuja yesterday with a delegation of the multinational, the group managing director of the NNPC, Mallam Mele Kyari said that Total Nigeria in the last years has very visible outcomes “that we have seen, and I assure you that we will work together to progress all efforts to grow production and national reserves.”
He said the Corporation has it on record that Total Nigeria downstream company has been very supportive in the supply of gasoline into Nigeria. At the meeting, which was meant to seal a partnership deal between the NNPC and Total Nigeria, the multinational led by the country chair/managing director of Total Nigeria, Mr Mike Sangster expressed its readiness to work together to grow daily national crude oil and gas production and reserves to meet the national target of 40 billion barrels.
The NNPC group managing director assured Total Nigeria delegation of more days of a very transparent and accountable relationship with frameworks that would be appreciated by all. Earlier, the Total managing director congratulated the GMD on his appointment and expressed Total’s firm belief in the Nigerian oil and gas industry and its readiness to deploy solutions to the challenges facing the industry.
“Total Nigeria will build on recent progress in many areas such as cash-call arrears and our long-standing partnership. In partnership with NNPC, the company has developed the last three Floating Production Storage Offloading’s (FPSOs) in Nigeria and wants to build on this”, the Total boss stated.