Africa’s top oil producer, Nigeria, needs annual investments of $25 billion to reach and keep its output at around 2 million barrels per day (bpd), Nigerian oil industry executive Austin Avuru said this week. “We need to invest $25 billion annually to stabilize production at 2 million barrels per day,” said Avuru, who is executive chairman of AA Holdings. This investment level “is crucial to ensure the sustainability of the sector and its contribution to the national economy,” the executive added at an event in Nigeria,…
Hence then, the article about nigeria needs 25 billion in annual investment to stabilize oil production was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Nigeria Needs $25 Billion in Annual Investment to Stabilize Oil Production )