Nigeria’s Oil Output to Hit 2.2mbpd Q1 2019, Says Kachikwu

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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigeria’s oil production is expected to climb to around 2.2 million barrels per day (mbd) in the first quarter of 2019.
Kachikwu said this will be with the start-up of the giant 200,000 barrels per day (bd) Egina field.
Speaking in an interview with S&P Global Platts at Africa Oil Week conference in Cape Town, South Africa, the Minister said there has been delay in the efforts to refurbish the four petroleum refineries managed by the Nigerian National Petroleum Corporation (NNPC) in Kaduna, Warri and Port Harcourt.
He however said the federal government would unfold the detailed plans to overhaul the refineries before the end of the year for work to begin early next year.
But he said the Egina is likely start production in December or latest January.

 

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