NIGERIA’S EXACT CRUDE OIL PRODUCTION VOLUME UNKNOWN – NEITI

THE NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE SAID THE EXACT VOLUME OF CRUDE OIL PRODUCED IN NIGERIA, ESPECIALLY AT THE DEEP OFFSHORE FIELDS, IS NOT KNOWN BY ANYONE.

THE EXECUTIVE SECRETARY, NEITI, ORJI OGBONNAYA-ORJI,  SAID  THE EXACT AMOUNT OF CRUDE OIL PRODUCED IN NIGERIA HAD REMAINED UNKNOWN BECAUSE OF THE ABSENCE OF METERS AT WELLHEADS AND THE LACK OF CAPACITY TO MONITOR DEEP OFFSHORE FIELDS.

THE NEITI BOSS STATED THAT HIS AGENCY HAD IN ALL ITS OIL AND GAS AUDIT REPORTS RECOMMENDED THAT METERS BE PLACED ON OIL WELLHEADS TO MEASURE THE VOLUME OF CRUDE OIL PRODUCED ACROSS THE COUNTRY.

OGBONNAYA-ORJI SAID, THE CAPACITY TO GO DEEP SHORES TO KNOW HOW MUCH OIL IS PRODUCED IS NOT AVAILABLE. AND AS SUCH, MAKING IT VERY DIFFICULT FOR ANY NIGERIAN TO ASCERTAIN HOW MUCH OIL ARE ACTUALLY PRODUCED