Singapore — Nigeria's crude oil production capacity has dropped by about 900,000 barrels per day, owing to the protracted crisis in the Niger Delta, as well as closure of some oil fields in the region's onshore and offshore.
THISDAY learnt that about 500,000bpd of crude oil are still being shut in as a result of the crises, while the closure of the oil fields is causing loss of another 400,000 bpd.
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