DPR plans maximum economic recovery strategy for oil, gas industry | The Guardian Nigeria News - Nigeria and World News

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The Department of Petroleum Resources (DPR) says it is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value delivery from its oil and gas resources.

Mr Sarki Auwalu, Director, DPR, made the announcement during a keynote address at the 2021 Society of Petroleum Engineers Nigeria Annual International Conference and Exhibition on Tuesday in Lagos.

He said: “Following an in-depth assessment of the status of the industry, the department identified the need to formulate the “Maximum Economic Recovery strategy for Nigeria. He said this was in preparation for an industry collaborative workshop to co-develop and enunciate this strategy for immediate execution.

 

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