Experts Urge Nigeria to Adopt Local Chemicals to Lower Oil Production Costs

Industry specialists recommend transitioning to domestically manufactured chemical inputs to significantly reduce operational expenses in Nigeria’s petroleum sector. The proposed shift aims to enhance economic efficiency while strengthening local industrial capacity.

28 Aug, 21:48 — 28 Aug, 21:48

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Nigeria can cut oil production costs with local chemicals — Expert

By Udeme Akpan, Energy Editor A Nigerian chemical engineer, Godswill Chidiebere Agomuo, has called for increased local formulation and production of specialised oilfield chemicals, saying the move could reduce operating costs, promote technology transfer and strengthen Nigeria’s technical capacity in the oil and gas industry. At an estimated average of about $40 per barrel, Nigeria’s […] The post Nigeria can cut oil production costs with local chemicals — Expert appeared first on Vanguard News.

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Experts Urge Nigeria to Adopt Local Chemicals to Lower Oil Production Costs

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Nigeria can cut oil production costs with local chemicals — Expert

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