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NNPC Ltd: Nigeria restores production of 275,000 barrels per day

13/11/2023
Source : ORISHAS FINANCE
Categories: Sectors

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After negotiating an end to labor union action, the Nigerian national oil company NNPC Ltd declared on Sunday, November 12, 2023, that it had restored the production of 275,000 barrels per day (bpd) of oil in its joint venture with Total Energies

.

In a statement, the NNPC said that an agreement to suspend the action had been signed between TotalEnergies, the Petroleum and Natural Gas Senior Staff Association, and the Nigerian Union of Petroleum and Natural Gas Workers, which represent senior workers and industry juniors. According to the NNPC, “the unions have agreed to suspend the ongoing industrial action, which will make it possible to immediately restore the production of 275,000 barrels of oil per day

”.
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