Nigeria Producing 1.78 Million Barrels Of Crude Per Day

Nigeria is producing 1.78 million barrels of crude oil per day (MMbbl/d), Minister of State for Petroleum Emmanuel Kachikwu said Jan. 9.

Kachikwu added that the West African country was expecting output from the Egina oil field to reach 150,000 bbl/d by the end of the month, which could boost total production.

“The work that we have at the ministry is to determine what component of that 150,000 barrels is pure crude and what is condensates,” he told reporters in Abuja after a cabinet meeting. “If it is pure crude it raises certain other implications in terms of the OPEC quota. If it is condensates then obviously we smile.”