VOL. XLVI

No 44

3-November-2003

OPEC

Nigeria Oil Production Capacity At 2.6Mn B/D, To Reach 3.3Mn B/D By 2004

Nigerian oil capacity stands at 2.6mn b/d and will rise to 3.3mn b/d (excluding condensates) by the end of 2004, according to data published by the Nigerian governments National Council on Privatization. In a tender for the privatization of the countrys four refineries, the government said national oil reserves totaled 26bn barrels and gas reserves 157 tcf. Four giant deepwater fields,...