Nigeria Grows National Oil Reserves By 1.45% – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has disclosed that the nation grows its national oil and gas reserves by 1.45% and 0.206% respectively in 2024. Commission Chief Executive (CCE), NUPRC , Engr. Gbenga Komolafe disclosed this on Thursday at the Petroleum Industry Stakeholders’ Forum which was held at the Petroleum Technology Development Fund (PTDF) Towers in Abuja. He said, “the upstream sector experienced growth in the national oil and gas reserves by 1.45% and 0.206% respectively in 2024 compared with 2023 and oil production rose by 26% from April…

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