crude oil production

How Nigeria struggles to raise crude oil production — Investigation

How Nigeria struggles to raise crude oil production — Investigation

At the backdrop of controversies surrounding Nigeria’s crude oil output, details have shown that Condensate, light premium crude which is also the key make-up for Nigeria’s crude oil basket, has stagnated in the first 10 months of 2024 with average output recorded at 211,401 barrels per day (bpd), about 11.4 percent drop from 238,489 bpd recorded in the corresponding period of 2023.