
NPDC Mulls Nationwide Crash Of Cooking Gas Price
The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), has mulled 600 million standard cubic feet (mmscf) of daily gas supply for domestic market, a move that would further dip the prices of cooking gas nationwide.
The company, which said it was looking at boosting its gas supply to the domestic market by the volume (600mmscf/d) in the next three to five years, also noted that it had revved up production in Oil Mining Lease (OML) 111 by 2,100barrels per day (bpd) of crude oil and 27mmscfd of gas, thereby increasing …