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Nairaland Forum / Nairaland / General / Politics / Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC (3271 Views)
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Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by BeeBeeOoh(m): 8:04pm On Jun 13 |
Nigeria’s average crude oil production in May dropped to 1.25 million barrels per day (bpd) from 1.28 million bpd recorded in April 2024, according to direct communication from the Organisation of Petroleum Exporting Countries (OPEC). https://tribuneonlineng.com/nigeria-crude-oil-production-drops-to-1-25mbpd-opec/ 1 Like
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Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by NwaNimo1(m): 8:06pm On Jun 13 |
And Dangote don repay half his loan? 7 Likes 1 Share |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by Esama: 8:49pm On Jun 13 |
Even if the dry of crude oil gonna bring breakthrough for Nigeria so be it. 1 Like |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by Nahunger(m): 5:36am On Jun 14 |
You sure say na drop.. Cause the more you look, the less you see. I no talk anything oo 🤗 |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by DMerciful(m): 5:36am On Jun 14 |
I'm happy! To remove APC 2027, something got to give! 2 Likes |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by jordyspices: 5:38am On Jun 14 |
Funny I thought government company the help stop theft 2 Likes |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by ironheart(m): 5:38am On Jun 14 |
Let the crude dry so that we can channel our energies to more productive ventures. At least politicians will have no choice but to reduce spending 1 Like |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by house10studios: 5:38am On Jun 14 |
We getting there, just there, there there there 1 Like |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by princepeter566: 5:39am On Jun 14 |
Is it Nigeria heavy or its Nigeria we hail thee |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by tunwumi: 5:40am On Jun 14 |
Hummm this is not.a good news. But condensate etc are not accounted for cis Nigeria produce around 1.7 m BPD when those are considered. 1 Like |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by kingzjay(m): 5:43am On Jun 14 |
God.... It's getting worse everyday. |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by skywalker240(m): 5:46am On Jun 14 |
What do we expect? |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by Darlingjay1: 5:51am On Jun 14 |
Even though |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by Parydelegate: 6:07am On Jun 14 |
FG needs to investigate the reason for the drop. This will affect the economy. Loss of revenue. |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by MrPOTUS: 6:59am On Jun 14 |
Can anything good come out from Nigeria? From one bad news to another |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by magoo10(m): 7:16am On Jun 14 |
They claim Nigeria does not have money but the executive continue budgeting hilarious monies for themselves. |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by Kukutente23: 7:42am On Jun 14 |
However, secondary sources reported an increase in crude oil production to 1.41 million bpd in May, a 5 percent rise from the previous month.Nigeria's thieving elites under APC having run out of excuses like oil theft to explain low oil output kuku decide to just under-report the oil output once and for all. I told LegendHero here that crude production is subject to govt control and is not a valid reason to excuse govt revenue shortage and he was arguing with me. 200k barrel difference. Who go explain am? |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by meobizy(f): 7:44am On Jun 14 |
There are other sectors making money for the economy. Nothing to fear. Oil will not last forever. The biggest exporters know this and are diversifying. |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by lexy2014: 7:46am On Jun 14 |
Parydelegate: Which FG is that? If revenue loss, how does it affect you? The revenue that did not loss, how did it benefit you? |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by lordm(m): 8:03am On Jun 14 |
Esama:if that crude dries up. The poverty rate go skyrocket |
Re: Nigeria's Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPEC by NothingDoMe: 8:47am On Jun 14 |
tunwumi:Condensate is actually mixed with crude upstream at the source. There is still some small amount of condensate downstream; this is still dehydrated and mixed with the crude. Of course, some find their way to the black market to be mixed with fuel. |
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