Nigeria to cap oil production output at 1.8mbpd early next year

Nigeria to cap oil production output at 1.8mbpd early next year

Barring any unforeseen circumstances, Nigeria will finally join it OPEC counterparts in capping it daily crude oil production output early next year. This is when it must have stabilised at 1.8 million barrels per day, Emmanuel Kachikwu, Minister of State for Petroleum has said.   The country’s daily production currently stands Nigeria currently produces between1.6…

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