Lagos state has become an oil producing state as a Nigerian oil
exploration company, Yinka Folawiyo Petroleum Co. Ltd (YFP), says it
will soon begin production of crude oil from its Aje field located in
block OML 113 offshore Lagos. A statement by the company says the
company has capacity to produce 40,000 barrels per day.
“Oil produced from the Aje field will be stored on the Front Puffin which has production capacity of 40,000 barrels of oil per day and storage capacity of 750,000 barrels,”the statement said
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