Nigerian oil production at 1.9 million bpd

PUBLISHED: Tue, 25 Oct 2016 13:07:18 GMT

LONDON (Reuters) – Nigerian oil production has risen to 1.9 million barrels per day (bpd), the country’s Petroleum Ministry said on Twitter, as it recovers from militant attacks earlier this year. 

The nation’s oil output, typically close to 2.2 million bpd, fell to less than 1.3 million bpd this spring as militant bombed pipelines and other oil infrastructure.

ExxonMobil recently lifted force majeure on Qua Iboe, the largest single export stream, leaving only the Forcados and Brass River grades under force majeure.

The government is meeting next week with community leaders and representatives of militants from the Niger Delta in an effort to end the insurgents’ attacks on oil facilities in the southern region.

(Reporting By Libby George; Editing by David Goodman)

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.