On Monday, the Nigerian National Petroleum Company Limited (NNPC Ltd) announced the introduction of a Utapate crude oil blend, a new crude oil grade, into the international market.
Olufemi Soneye, the chief corporate communications officer of NNPC Ltd, in a statement, said from Oil Mining Lease (OML) 13, entirely operated by NNPC Exploration and Production Limited (NEPL), the Utapate crude oil blend commenced operations in July as its first cargo headed for Spain.
Mr Soneye said this remarkable achievement signals the commitment of NNPC Ltd to increase Nigeria’s crude oil production and grow reserves by developing new assets.