Mele Kyari, The Group Executive Officer of the Nigerian National Petroleum Company Limited, has reassured that Nigeria will be a net exporter of refined petroleum products by December this year, based on emerging indicators in the oil and gas sector.
During a meeting with the National Assembly when economic stakeholders, including the Ministers of Finance, Wale Edun; Minister of Budget and National Planning, Atiku Bagudu; Minister of State Petroleum Resources (Oil), Heineken Lokpobiri; and the Governor of the Central Bank, Olayemi Cardoso, met with the Senate Committee on Finance led by Senator Sani Musa of Niger East, He made known that the emerging indicators are the Port Harcourt refinery, which he said would start production early next month, followed by the one in Warri months later, and the Kaduna refinery, latest by December this year.
He included that in a few months, the oil production level for the country would hit 2 million barrels per day, as all the enablements towards that had already been put in place.
On this matter, he concluded by saying “We have already seen growth in our oil and gas production because of certain actions that Mr President personally took, and the very mere truth that we have also declared war on production activities, and this is yielding the required results.
“The combination of these two has now seen us restoring production in our country, and we believe that, as the Honourable Minister has said, we will soon hit the target of 2 million barrels of oil production per day.
