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Oil production is close to 1.8 mln bpd -oil minister

Kachikwu

Nigeria’s oil production is close to 1.8 million barrels per day (bpd), oil minister Emmanuel Ibe Kachikwu told a forum in Abuja on Thursday.

Nigeria has struggled to regain its peak production of around 2.2 million bpd due to persistent militant attacks in the oil-producing Niger Delta region.

 The Forcados crude stream, with roughly 300,000 bpd, has been under force majeure since February, and in the third quarter production was roughly 1.63 million bpd, according to the country’s statistics office.

 

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