NNPC deepens $10pb oil production cost’s drive, props up Ministry’s backing

  Nigeria has lunched Upstream Cost Optimisation Programme (NUCOP)   The Nigerian National Petroleum Corporation (NNPC) on Tuesday deepened its drive to sink oil production cost in Nigeria to $10 per barrel as it already secured backings from critical stakeholders. Group Managing Director of the corporation, Mallam Mele Kyari, who said this, also noted that with the stakeholders support, NNPC is working towards reducing operations cost to achieve the $10 or less per barrel production cost target. A press release by the Group General Manager, Group Public Affairs Division, Dr.…

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