The Nigerian National Petroleum Company Limited (NNPCL) has refuted allegations of discrepancies between its reported crude oil production figures and those provided by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
In a statement, NNPCL emphasized the alignment of its data with the regulatory body, stating:
“There is no discrepancy between our crude oil production figures and those provided by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).”
The clarification comes amid public scrutiny and speculations regarding Nigeria’s actual crude oil production levels, which are critical to meeting OPEC quotas and addressing the nation’s economic challenges.
NNPCL reaffirmed its commitment to transparency and accountability, ensuring that production figures remain consistent with regulatory benchmarks. Both NNPCL and NUPRC have reiterated the importance of collaboration in fostering trust and improving Nigeria’s oil and gas sector performance.
Observers are hopeful that the synergy between the two entities will help address challenges in the industry, including combating oil theft and improving production efficiency.
