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Tuesday 4 May 2021

Nigeria produces average 1.42 mbpd crude oil in Q1, spent N60 bln on subsidy

Nigeria produces average 1.42 mbpd crude oil in Q1, spent N60 bln on subsidy: Domestic gas receipts in the month were N5.75 billion, while feedstock valued at $66.43 million was sold to the Nigeria Liquefied Natural Gas Limited (NLNG) during the period, out of which $63.79 million was received during the month.

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