
Production shut-ins down 70% to 2.22mb
By Obas Esiedesa Nigeria’s oil production losses due to production and terminal shut-ins reduced by 70.44 percent in January, 2022, to 2.217 million barrels from 7.5 million barrels in December, 2021, a report by Nigerian National Petroleum Corporation (NNPC) Limited has disclosed. The figures reported by the NNPC Limited to the Federation Accounts Allocation Committee (FAAC) […]