Nigeria’s oil output surges 1.72m barrels in Sept
Nigeria’s daily crude oil and condensate production rose to 1.717 million barrels in September, meeting its OPEC quota for the fifth consecutive month. Read More: https://punchng.com/nigerias-oil-output-surges-1-72m-barrels-in-sept/
Nigeria's crude oil production increased by 1.72 million barrels in September, surpassing its Organisation of Petroleum Exporting Countries quota for the fifth consecutive month. Daily output rose by 2.34 percent to 1.717 million barrels, with the country's highest production day reaching 1.84 million barrels. The Nigerian Upstream Petroleum Regulatory Commission highlighted that the country's production consistently met or exceeded its OPEC target, averaging 1.53 million barrels per day in September, excluding condensates.
The improvement in production levels is attributed to stable operations and the absence of major pipeline outages, showcasing Nigeria's resilience in maintaining its position as Africa's largest crude oil producer despite various challenges.
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