Nigeria’s Production Decline Due to the Shutdown of Onshore Operations

Nigeria’s Production Decline Due to the Shutdown of Onshore Operations

Nigeria’s government data has shown that its oil production continued to fall down during September due to a halt in onshore production, Bloomberg reported.

According to the data, the country’s daily production recorded an average of 1.14 million barrels of crude oil and condensate during the last month, which is about 42,000 barrels fewer than in August.

Nigeria is suffering from rampant theft on the pipelines leading to shutting down wells and killing off investment. Production of three major export grades – Bonny, Brass and Forcados – has shriveled in recent months, with none of them accounting for more than 8,000 barrels per day in September.

Nigeria aims to add 500,000 barrels a day to its production by the end of November, mainly by resuming operations at Shell’s Trans-Niger pipeline and Forcados terminal, Mele Kyari said, the chief executive of the state-owned energy company.

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Fatma Ahmed 1965 Posts

Fatma Ahmed is a staff writer with six years’ experience in Journalism. She is working in the field of oil and gas for four years. She also worked in the field of economic journalism for 2 years. Fatma has a Bachelor Degree in Mass Communication.

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