Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

OPEC/SUPPLY/DEMAND

Daukoro Sees Nigerias Oil Production Capacity At 3.5Mn B/D By 2007

Nigerias deepwater oil developments will lift national production capacity from the present 2.5mn b/d to 3.5mn b/d by 2007 and to 4.1mn b/d in 2010, Oil Minister Edmund Daukoro said in an interview published in the October OPEC Bulletin. We want to move from reserves of 33bn barrels to about 40bn barrels. More than a third of that is expected to come...