Peace Obi
The Top Management of Aiteo Group led by its Group Managing Director, Victor Okoronkwo recently paid a courtesy visit to the Honorable Minister of State for Petroleum Resources, H.E. Timipre Sylva.
Okoronkwo in his congratulatory message to the Minister reiterated Aiteo’s readiness to ramp up its current crude production to 100,000 barrels per day, in line with the HMSPR’s target of increasing the national crude oil production to 3million barrels per day.
He further intimated the Minister on the ongoing activities of Aiteo to fully establish its brand in the LPG domestic market.
Assuring Aiteo of the Ministry of Petroleum Resources support, the HMSPR urged the oil conglomerate to work towards reducing the current cost of crude oil production and effectively increase output while expressing his commitment to emplace policies to curb production losses.