December 13, (THEWILL) – Nigeria’s crude oil production rose to 1.185 million barrels per day in November 2022, representing the highest output by the country in the past seven months.
The latest oil production figures obtained from the Nigerian Upstream Petroleum Regulatory Commission on Tuesday, showed the country’s output increased by 171,119 barrels per day in November when compared to what was recorded in the preceding month.
The last time Nigeria’s crude oil production crossed this figure was in April 2022, when the country pumped 1.219mbpd of crude, outside blended and unblended condensates.
Further analysis of data from the regulator showed that Nigeria’s crude oil output in May, June, July, August and September was 1,024,317bpd; 1,158,274bpd; 1,083,899bpd; 972,394bpd, and 937,766bpd respectively.
Nigeria had recorded low oil production since 2021, following massive oil theft in the Niger Delta region.
However, in the past few months, the Federal Government has intensified efforts to check the menace of oil theft.
The Nigerian National Petroleum Company Limited, in partnership with security agencies and private contractors, has deployed measures to tackle the challenge.
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