Nigeria's Crude Output Rises To 2.09 Million Barrels Per Day In 2018
So, Nigeria’s crude oil production eventually rose to 2.09 million barrels a day, bpd in 2018.
This is compared with 1.86 million bpd the year before, state oil company, the Nigerian National Petroleum Corporation, NNPC said.
“Nigeria’s crude oil daily production recorded an upward swing of about 2.09 million barrels in outgone 2018 ... compared with the 2017 average daily production of 1.86 million barrels,” the NNPC said on Wednesday.
Nigeria has maintained “a line of consistent year-on-year improvement”, Group Managing Director, Maikanti Baru said.
Baru said in November that the country is producing 1.6 million bpd of oil and 0.4 million bpd of condensate.
“We are talking about the average for the year and this includes the condensate,” NNPC spokesman Ndu Ughamadu told Reuters in a phone interview when asked for details of the 2.09 million bpd production figure and the level of condensates.
Baru also explained that the average production from NPDC’s operated assets alone grew from an average of 108,000 of oil per day (bod) in 2017 to 165,000bod in 2018.
He described the feat as the strongest production growth within the Oil Industry in recent times, even as he added that it was worth being celebrated.
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