Nigeria May Run Out of Crude Oil in Next 50 Years – DPR - TNG

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The Department of Petroleum Resources (DPR) has disclosed that Nigeria’s crude oil deposit could be exhausted in five decades from now.

This was contained in its latest Nigerian Oil and Gas Industry Annual Report, which noted that at current reserve depletion rate standing at 2.04 percent per annum, will cease in...

Nigeria May Run Out of Crude Oil in Next 50 Years – DPR - TNG

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