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December 2021
- The group also agreed to increase output by 400,000 barrels per day each month starting from August 2021 until the phasing out of 5.8 million barrels per day production adjustment in December 2021.
businesspost.ng/economy/opec-raises-nigerias-oil-output-to-1-8mbpd/OPEC+ Raises Nigeria’s Oil Output to 1.8mbpd - Business Post
Jul 20, 2021 · The decision, which has authorized the nation to produce 1.829 million barrels per day, mb/d from 2022, was taken at the just-concluded 19th OPEC and non-OPEC Ministerial Meeting (ONOMM), held...
Jul 19, 2021 · The Organisation of Petroleum Exporting Countries and allies (OPEC+) has increased Nigeria’s oil output to 1.829 million barrels per day after agreeing on Sunday to restore all of the production cuts earlier put in place when the COVID-19 pandemic started in 2020.
Jul 19, 2021 · Member countries of the oil cartel, OPEC have agreed to increase oil output by an initial 400,000 barrels per day. The decision increases Nigeria’s oil output from about 1.4 million barrels per day to 1.8 million barrels per day by April 2022.
Jul 2, 2024 · Nigeria increased its oil production by an estimated 50,000 bpd last month, as Africa’s top oil producer looks to raise output after years of underperforming in the OPEC+ deal, which led to the...
Feb 29, 2024 · OPEC Crude Oil Production is at a current level of 28.56M, down from 28.96M last month and down from 29.17M one year ago. This is a change of -1.40% from last month and -2.10% from one year ago.
DateValueJune 30, 202428.56MMay 31, 202428.96MApril 30, 202429.13MMarch 31, 202429.23M- Energy
- Energy Information Administration
- International Energy Statistics
- 28.96M
Jun 17, 2021 · OPEC+ CUTS AND NIGERIA. In fulfilment of the OPEC+ decision, Nigeria agreed to cut its production to 1.412MMBOPD for May to June 2020, 1.495MMBOPD for July to December 2020 and 1.579MMBOPD for January 2021 to April 2022, based on the reference production of October 2018 of 1.829MMBOPD.
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Sep 30, 2021 · LONDON, Sept 30 (Reuters) - OPEC oil output rose in September to its highest since April 2020, a Reuters survey found, as Nigerian output recovered from involuntary losses and the group's top...
