Nigeria Crude Production Output Hits 2.32 Mbpd, Says NNPC

Nigeria crude oil production output, including condensate, has peaked at 2.32 million barrel per day, the state-run oil firm has said.

Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru confirmed this figure to the delegation of the Nigerian Union of Journalists (NUJ) on a visit to his office in Abuja.
“Since we came in July 2016, we are focused on increasing production of oil and gas and condensates.
“At some point, our national combined production was about a million barrels; I am happy that as at the end of 2018, we have moved on averaging last year, about 2.1 million barrels.
“As I am speaking, this morning, I look at our production figures, combined oil and condensates we are pushing 2.32 million barrels a day,” he said.
According to him, the stability and ability to push production has come as a consequence of several factors, both internally, externally and also with the help of the media.
Commenting on the gas sector, he said the corporation had also pushed from a low level of about 450 million standard cubic feet per day for the domestic alone and currently hovering at about 1.5 billion SCF per day of gas.
He noted that internally, its subsidiary, the Nigerian Petroleum Development Company (NPDC), had pushed their production on the equity side, from a low figure of 65,000 barrels per day in 2016 to over 166,000 barrels per day equity.
“Overall production of the NPDC, we are able to maintain it at close to 300,000 barrels per day. It is quite a significant boost,” he added.
The GMD further said that NPDC, had become the main supplier for gas for the power sector, supplying over 800 million SCF per day required to boost the production of power in the country.
“Currently, the power that we enjoy has about 80 percent input from gas-driven thermal power plants.