Nigeria’s Crude Oil, NGL Output Declined 3.2% in Second Quarter
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Nigeria, Africa’s largest oil producer, said crude output including condensates and natural gas liquids dropped by 3.2 percent in the second quarter.
Production fell to 2.12 million barrels a day, or 193 million barrels, from 2.19 million barrels a day, or 199 million barrels, a year earlier, the Abuja-based Central Bank of Nigeria said in an Aug. 29 report on its website. It didn’t give a reason for the drop in output. Total oil exports in the same period declined 4 percent to 1.67 million barrels a day from