NewsNigeria's Crude Oil Production Hits 1.7mbd - FG

Nigeria’s Crude Oil Production Hits 1.7mbd – FG

October 14, (THEWILL) – Nigeria’s crude oil production including condensate, has increased to 1.7 million barrels per day on Friday, October 13th.

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this to Energy Correspondents in Abuja, on Friday.

“The more you increase production, the more revenue available to the country… My ambition is to see how we can increase production and today crude oil production is 1.4million barrels per day and including condensate 1.7million barrels per day. We are trying to exceed 2million per day by the end of this year.

“When we assumed office, my sole objective was to increase production, increase production”, he said.

Lokpobiri said he was engaging with the stakeholders including International Oil Companies (IOCs), local refineries and others to tackle the challenges of crude theft in the Niger Delta.

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