We’ve reduced oil production cost to $23 per barrel – Govt

Mkpoikana Udoma Yenagoa — The Federal Government on Thursday announced that the cost price of producing crude oil in the country has been reduced from $32 per barrel to $23 in the last four years. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, stated this while speaking at the ongoing Nigeria Oil and […] More »