Nigeria’s 2.069mbpd Oil Production Still Below Budget

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Nigeria’s crude oil production including condensate reached 2.069 million barrels per day in April 2018.

This is  according to data from the Federal Ministry of Petroleum Resources.

Though there is a slight increase from the 2.022 million barrels per day the country recorded in March.

This means Nigeria is still struggling to step up production to meet the 2.3 million barrels per day benchmark proposed in the 2018 budget.

Enterprise television gathered that the country has a short fall of 278,000 barrels per day from the 2.3 million barrels per day budget benchmark for 2018.

The Ministry, which made the disclosure in its monthly oil and gas report released recently, put the country’s gas production at 7.98 billion standard cubic feet during the month under review.

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