Nigeria Targets Record 3 Million Bpd Oil Output by 2030

Nigeria is set to ramp up crude oil production to 3 million barrels per day by 2030, according to the country’s upstream regulator, which says reforms aimed at accelerating investment and reducing project delays are beginning to reverse years of declining output.

The target would nearly double the country’s current crude production and mark the highest level in Nigeria’s history, according to Bloomberg.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the government’s objective remains achievable…