VOL. XXXVIIINO. 67-NOVEMBER-1994
Nigeria Reports Crude Oil Reserves Of 20.52Bn Barrels
Nigeria's crude oil reserves now total 20.52bn barrels, a 32% increase overthe 1990 reserve estimate of 15.5bn, according to Mr. Chamberlain Oyibo, GroupManaging Director of the Nigerian National Petroleum Corporation (NNPC). Makinghis announcement in a paper delivered on his behalf at a technical seminar ofThe Society of Petroleum Engineers in Lagos on 28 October, Mr. Oyibo said theadditional 5.02bn...