Tuesday, March 2

Tag: Oil Volumes

We Need To Produce Largest Oil Volumes Possible At Cheaper Costs – Osinbajo
Politics

We Need To Produce Largest Oil Volumes Possible At Cheaper Costs – Osinbajo

WE NEED TO PRODUCE LARGEST OIL VOLUMES POSSIBLE AT CHEAPER COSTS, OSINBAJO TELLS OIL & GAS STAKEHOLDERS *VP adds: “Gas should be an enabler for quick development” Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the needs and purposes of the Nigerian nation including the largest production volumes possible. This was the view of Vice President Yemi Osinbajo, SAN, at a virtual meeting on the Petroleum Industry Bill (PIB) with stakeholders in the industry under the auspices of the Oil Producers Trade Section (OPTS) in Nigeria, and Independent Petroleum Producers Group (IPPG). According to Prof. Osinbajo “we need to agree on terms that will give us a more competitive envir...