Crude Oil Milestone: Nigeria's New Obodo Blend Enters Market, Regulatory Body Announces

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Crude Oil Milestone: Nigeria's New Obodo Blend Enters Market, Regulatory Body Announces - Sputnik Africa, 1920, 15.05.2025
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Crude Oil Milestone: Nigeria's New Obodo Blend Enters Market, Regulatory Body Announces

The contribution of indigenous operators to Nigeria's oil production and exports is increasing, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive Gbenga Komolafe noted.

He added that the introduction of Obodo by Conoil Producing Limited diversifies Nigeria's export portfolio and supports the commission's goals of boosting output and attracting investment.

After assessing, it is expected to be priced similarly to Nigerian Bonga.

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