Stella Dimoko Korkus.com: NNPC Cuts Down Crude Production Cost To $20/ Barrel

Advertisement

Advertisement - Mobile In-Article

Tuesday, March 06, 2018

NNPC Cuts Down Crude Production Cost To $20/ Barrel

The Nigerian National Petroleum Corporation on Monday announced that it had been able to reduce the cost of producing a barrel of crude oil to $20.



According to the corporation, additional measures have been put in place to further reduce the cost to $15 per barrel.

The NNPC had announced in August last year that it had reduced the cost of crude oil production from $78 per barrel as of August 2015 to $23 per barrel, representing 70.5 per cent reduction.
FROM PUNCH

5 comments:

  1. The economy is not feeling this news jare


    Hadey Halaba

    ReplyDelete
  2. That's good news. So are we getting PMS cheaper now? Or that will translate to more revenue added to govt account

    ReplyDelete
  3. I am not even understanding this thing. What impact does it have on the current price of fuel?

    ReplyDelete
  4. This Ms Korkus's dog ehn, nawa. Its expression is so funny

    ReplyDelete

Disclaimer: Comments And Opinions On Any Part Of This Website Are Opinions Of The Blog Commenters Or Anonymous Persons And They Do Not Represent The Opinion Of StellaDimokoKorkus.com

Pictures and culled stories posted on this site are given credit and if a story is yours but credited to the wrong source,Please contact Stelladimokokorkus.com and corrections will be made..

If you have a complaint or a story,Please Contact StellaDimokoKorkus.com Via

Sdimokokorkus@gmail.com
Mobile Phone +4915210329280