LAGOS goedkoopste ugg, Oct. 19 (Xinhuanet) -- Nigeria's 40 billion barrels of oil reserve target by 2010 may not be realized except a high rate of new oil discoveries are made, Funso Kupolokun New UGG Bailey Button 5808, the head of the country's state-run oil firm NNPC said on Wednesday. He told an industry conference in Lagos that high risk financial and operational undertaking in the upstream sector would determine the country's ability to reach the stated reserve goal. "With a national reserve currently standing at about 35 billion and a yearly production of about one billion barrels, over 10 billion barrels of new discoveries must be made to attain the target limit of 40 billion, otherwise the nation would be left in the lurch compra ugg," the News Agency of Nigeria quoted Kupolokun as saying. The official listed problems such as uncertainties of exploration and technology limitation Moncler jacka, community unrest, project funding 2011メンズ新作, OPEC quota limitation and contributions to oil mix cheap ugg, as some problems that must be addressed to meet the target. He explained that a significant part of recent discoveries had come from the deep offshore and that such might affect opportunities in other basins. "The impressive deepwater discovery in the last decade has madethis frontier terrain the cynosure of most investors almost to the negligence of the conventional terrain which suffers additional disadvantage of community unrest." "Yet the conventional terrain still holds prospects for significant discoveries and must be explored if 2010 is to be realized moncler blouson," he added. Nigeria is Africa's top oil exporter and currently produces about 2.5 million barrels of oil per day. Enditem

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