Business

NNPCL Restores Production of 275,000 BPD

The Nigerian National Petroleum Company Limited (NNPC Ltd) has agreed with TotalEnergies, Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to suspend the ongoing strike which has led to the immediate restoration of 275,000 barrels of oil per day production.
Chief Corporate Commissions Officer ,NNPC Ltd, Olufemi Soneye who made this known in a press release said the peace deal was made on 12th November, 2023.
According to him, a communiqué was issued by NNPC Ltd and signed by the unions involved.
He said †In a communiqué issued at the end of a marathon negotiation session chaired by Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPC Ltd., all parties committed to resolving all the issues within an agreed frameworkâ€.
†The communiqué was jointly signed by TotalEnergies MD/CEO Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo, and NUPENG President, Comrade Williams Akporegha. It was witnessed by NNPC Ltd.’s, EVP Upstream Oritsemeyiwa Eyesan and Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, Bala Wunti. Also in attendance was Victor Bandele, Deputy Managing Director, TotalEnergiesâ€.
ALSO READ  FG Commences Sale of Crude Oil, Refined Petroleum Products in Naira

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button