No 32



Nigerias Crude Capacity Stands At 2.5Mn B/D But Output Down Due To Instability In Oil Region

MEES learns that Nigerian crude production capacity stands at around 2.5mn b/d and that this level of output could be reached without incurring any damage to its oilfields if the situation in the oil-rich Niger Delta operated under normal conditions. Under its current OPEC quota of 2.092mn b/d, Nigeria produces around 2mn b/d as well as 200,000 b/d of condensates,...