{"id":127011,"date":"2024-08-06T12:09:47","date_gmt":"2024-08-06T11:09:47","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production"},"modified":"2024-08-06T13:32:42","modified_gmt":"2024-08-06T12:32:42","slug":"nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production","title":{"rendered":"NNPCL announces Utapate crude blend to unlock 28,000 barrels per day production"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Nigerian National Petroleum Company Limited, NNPCL, on Monday announced the introduction Utapate crude oil blend, and a new crude oil grade into the international crude oil market.<\/p>\n<p>The spokesman of NNPCL, Olufemi Soneye made this known in a press statement on Monday.<\/p>\n<p>He said from Oil Mining Lease (OML) 13, fully operated by NEPL, NNPC Ltd\u2019s upstream subsidiary, the Utapate crude oil blend commenced operations in July 2024, as its first cargo headed for Spain.<\/p>\n<p>Located offshore Akwa Ibom State in Nigeria, Utapate\u2019s current crude oil production is at 28,000 barrels per day, with the potential to increase it to 50,000 barrels per day.<\/p>\n<p>Also, the sulfur content of the new crude is 0.0655 percent.<\/p>\n<p>The statement noted that \u201cSpanish oil giant Repsol, won the tender for the initial cargo of the new crude blend which is comparable to the much sought-after Amenam crude.<\/p>\n<p>\u201cGulf Transport and Trading, another leading crude oil dealer, has also secured the cargo tenders for August and September 2024.<\/p>\n<p>\u201cDuring the Argus European Crude Conference in London last year, NNPC Ltd announced the launch of Nembe crude oil, produced by the NNPC\/Aiteo-operated Oil Mining Lease (OML) 29 Joint Venture (JV).<\/p>\n<p>\u201cSimilar to the Nembe crude oil grade, the Utapate crude oil blend has a low sulfur content and low carbon footprint due to flare gas elimination, fitting perfectly into the required spec of major buyers in Europe.<\/p>\n<p>\u201cThis remarkable achievement signals the commitment of the NNPC Ltd to increase Nigeria\u2019s crude oil production and grow reserves through the development of new assets.\u201d<\/p>\n<p><strong>For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Nigerian National Petroleum Company Limited, NNPCL, on Monday announced the introduction Utapate crude oil blend, and a new crude oil grade into the international crude oil market. The spokesman of NNPCL, Olufemi Soneye made this known in a press statement on Monday. He said from Oil Mining Lease (OML) 13, fully [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":127010,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[254,9636,202,14362],"class_list":["post-127011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-nigeria","tag-nnpcl","tag-oil","tag-utapate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NNPCL announces Utapate crude blend to unlock 28,000 barrels per day production - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigerian National Petroleum Company Limited, NNPCL, on Monday announced the introduction Utapate crude oil blend, an ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPCL announces Utapate crude blend to unlock 28,000 barrels per day production\" \/>\n<meta property=\"og:description\" content=\"The Nigerian National Petroleum Company Limited, NNPCL, on Monday announced the introduction Utapate crude oil blend, an ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-06T11:09:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-06T12:32:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/08\/sm_1722931312.317258.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NNPCL announces Utapate crude blend to unlock 28,000 barrels per day production\",\"datePublished\":\"2024-08-06T11:09:47+00:00\",\"dateModified\":\"2024-08-06T12:32:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production\"},\"wordCount\":278,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/08\/sm_1722931312.317258.jpg\",\"keywords\":[\"Nigeria\",\"NNPCL\",\"Oil\",\"Utapate\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpcl-announces-utapate-crude-blend-to-unlock-28000-barrels-per-day-production\",\"name\":\"NNPCL announces Utapate crude blend to unlock 28,000 barrels per day production - 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