Nigeria: Country's Production Capacity Drops By 900,000bpd

6 December 2007

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.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.