In May 2023, Nigeria Expects to Produce 1.8 million Barrels.

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The Federal Government, said it would continue to work hard to meet its Organisation of Petroleum Exporting Countries crude oil production quota of 1. 8 million barrels per day by the end of May 2023.

The Federal Government, according to Sylva, would keep enhancing security along the routes of the main crude oil pipelines and plug any leaks that would allow thieves and pipeline vandals to steal oil.

He claimed that Nigeria’s inability to meet the current OPEC quota was not due to a lack of crude oil producers’ capacity to produce, but rather “because a lot of producers decided not to inject into the pipelines as they were losing a lot of their production when they inject into the pipelines.”

Speaking on the discovery of crude oil in Kolmani, a border town between Bauchi and Gombe states, Sylva said Nigeria should brace up for more oil finds, adding that only the Niger Delta region had been explored for oil despite potential in other regions of the country.

Punch.

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