By Yusuf Yunus
Mr Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), has expressed the Federal Government’s readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) to increase the country’s oil production and revenue.
Lokpobiri said that the partnership became necessary to address the dwindling oil production and the need to drive investment in the nation’s oil and gas sector.
The News Agency of Nigeria (NAN) reports that the minister gave the assurance during his visit to members of PETAN in Lagos on Wednesday.
Lokpobiri said that the federal government was putting up measures to restore oil production, adding that there is a need for the ministry and PETAN to work together to maximise all available opportunities that can help increase production in the country.
According to him, the quickest way for the country to overcome the current economic hardship is through the exploration and production of oil and gas.
He added,…
Source: News Agency of Nigeria
