NNPC, Total Partner To Grow Oil Reserves, Production
The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria have agreed to work together to actualise the country’s aspiration of growing national oil reserves of 40 billion barrels.
Group managing director of the NNPC, Mallam Mele Kyari, and the Country Chair/Managing Director of Total Nigeria, Mr. Mike Sangster, made the commitment when the Total Nigeria MD led the top management team of his company on a business visit to the NNPC yesterday.
Mallam Kyari stated that Total Nigeria was one of the Corporation’s most important partners with visible outcomes, adding that the partnership would further grow national production and reserves going forward.
“Total Nigeria in the last five years has very visible outcomes that we have seen and I assure you that we will work together to progress all efforts to grow production and national reserves. I also want to put on record that your downstream company has been very supportive in the supply of gasoline into our country,” Mallam Kyari said.
He assured the MD of Total Nigeria of more days of very transparent and accountable relationship with frameworks that would be appreciated by all.
Earlier, the Country Chair/Managing Director of Total Nigeria, Mr. Sangster, congratulated the GMD on his appointment and expressed Total’s firm belief in the Nigerian oil and gas industry and its readiness to deploy solutions to the challenges facing the industry.
“Total Nigeria will build on recent progress in many areas such as cash-call arrears and our long-standing partnership. In partnership with NNPC, the company has developed the last three Floating Production Storage Offloading’s (FPSOs) in Nigeria and wants to build on this”, the Total boss stated.