The Nigerian National Petroleum Corporation (NNPC) has said Nigeria will need to produce up to 15 billions standard cubic feet per day (sbcf) of gas to ensure that her national goal of turning her economy into a fully industrialised one by 2020 is realised.
The NNPC said yesterday in Abuja that for this to happen and also become sustainable, the country would have to increase its oil and gas reserves. It said the current reserves of the country would only take it for 35 years. NNPC’s Group Managing Director, Dr. Maikanti Baru, said this when the Nigerian Association of Petroleum Explorationists (NAPE) hosted him to dinner at the weekend.
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