Daily oil output in Nigeria, Africa¡¯s biggest producer, is expected to rise to about 2 million barrels per day by the end of this year, Oritsemeyiwa Eyesan, executive vice president of the Nigerian National Petroleum Corp.¡¯s upstream division, said last week. The non-oil sector grew 2.8% in the period, down from 3.6% a year ago.
Why is Nigeria pumping a million barrels of oil a day?
REUTERS/Abraham Achirga Acquire Licensing Rights ABUJA, Sept 1 (Reuters) – Nigeria is pumping 1.67 million barrels of oil and condensates per day, compared with just under a million barrels some months ago, due to security improvements in the producing Niger-Delta region, the head of the state-oil firm NNPC said on Friday.
How did Nigeria’s economy perform in the second quarter of 2024?
ABUJA, Aug 26 (Reuters) – Nigeria’s economy grew 3.19% in the second quarter of 2024 compared with the same quarter last year, lifted by higher crude oil production and the performance of its services sector, statistics agency data showed on Monday.
How much oil does Africa produce a day?
We’ve already seen very significant changes in our production environment." Africa’s top oil producer recorded an average daily oil output (NGOIL=ECI) of 1.22 million barrels per day (mbpd) in the second quarter of 2023, the National Bureau of Statistics said a week earlier.
After-sales Service Provided: Free spare parts, Field installation, commissioning and training, Field maintenance and repair service, Video technical support, Online support
