By Ejiofor Alike

Mobil Producing Nigeria (MPN) yesterday commissioned the $3.5 billion East Area Projects at Bonny River Terminal in Rivers State.

The project will have significant impact on increased crude oil output, increased reserve, monetisation of flared gas volumes and a boost to the Nigerian Content aspiration.

Chairman and Managing Director of MPN, Mr John Chaplin, who had just been elevated as Vice President of the ExxonMobil Corporation, and expected to leave the country soon, explained that the East Area Projects include Additional Oil Recovery (AOR) and Natural Gas Liquids 11 (NGL11).

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Posted by boyang at November 26, 2008 7:21 AM