Mele Kyari, Group Managing Director Nigerian National Petroleum Corporation, NNPC
Mele Kyari, Group Managing Director Nigerian National Petroleum Corporation, NNPC

The Group Managing Director of Nigerian National Petroleum Corporation NNPC, Mele Kyari has reaffirmed Nigeria’s commitment to the oil output cuts agreement signed by the Organisation of Petroleum Exporting Countries OPEC, promising that the country will reduce its crude oil output to comply with OPEC production targets.

Kyari also said the NNPC is discussing potential investment opportunities in Nigeria with Saudi Arabia’s Aramco and ADNOC of the United Arab Emirates, including potential petrol supply with Aramco trading.

The NNPC Boss told journalists at a conference in Fujairah in the United Arab Emirates that Nigeria’s September crude oil and condensate output was between two point one and two point two million barrels per day.

He added that Nigeria hoped to raise oil production to about three million barrel per day in the next two to three years.