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Home Economy

Nigeria willing to cut oil output from 1.8m bpd – Oman

metro by metro
July 24, 2017
in Economy, Energy
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Mohammed bin Hamad Al-Rumhy

Nigeria is willing to cut its oil production from 1.8 million barrels per day (bpd) if that level is reached and sustained, Oman’s oil minister, Mohammed bin Hamad Al-Rumhy, said on Monday.

Al-Rumhy said an OPEC and non-OPEC joint output monitoring committee had recommended an agreement with Nigeria to limit the country’s output at 1.8 million bpd.

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No agreement on Libya’s output was reached, he said.

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