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

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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.
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5 comments:

  1. Beloved #CHIVIDO 20206 March 2018 at 06:04

    Kikikiki at the dog eye

    ReplyDelete
  2. Anonymous6 March 2018 at 07:04

    The economy is not feeling this news jare


    Hadey Halaba

    ReplyDelete
  3. Stella Melody6 March 2018 at 07:29

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

    ReplyDelete
  4. Richie Rich6 March 2018 at 09:26

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

    ReplyDelete
  5. Anonymous6 March 2018 at 10:03

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

    ReplyDelete

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