Nigeria's Petroleum Technology Association (PETAN) pledges support to Tinubu-led administration, offering to increase oil and gas production and retain 60-70% of the value chain domestically.

Nigeria's Petroleum Technology Association (PETAN) pledges support to Bola Tinubu-led administration, aiming to increase oil and gas production for maximum value. PETAN Chairman, Wole Ogunsanya, highlights potential benefits of retaining 60-70% of the oil and gas value chain domestically. Concerns over underproduction, leading to losses of at least 500,000 barrels per day, prompt the need for government policy initiatives and industry collaboration to fill gaps. PETAN plans to deploy assets in the Niger Delta to boost production.

April 05, 2024
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