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Nigeria’s oil production dropped 4% in July – NUPRC

Nigeria’s crude oil production saw a 4% decline in July but still met its OPEC quota for the third consecutive month. Learn more about Nigeria oil producti Read More: https://punchng.com/just-in-nigerias-oil-production-dropped-4-in-july-nuprc/

Nigeria’s oil production dropped 4% in July – NUPRC

Nigeria's crude oil output decreased by four percent month-over-month in July, according to the Nigerian Upstream Petroleum Regulatory Commission. Despite this decline, the country still met its Organization of Petroleum Exporting Countries quota for the third consecutive month. Nigeria produced an average of 1.505 million barrels per day of crude oil and 0.17 million barrels per day of condensate, totaling 1.67 million barrels per day. The decline was primarily due to operational challenges at the Erha and Akpo fields.

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