Nigeria hits record high oil output

Date: 07-08-2012 4:49 am (11 years ago) | Author: franel
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- at 7-08-2012 04:49 AM (11 years ago)
(m)
«§» 7 August 2012

Nigeria’s crude oil production hit a record high of 2.7 million barrels per day on Wednesday, the state-run oil company said on Thursday.



The results come despite ministers and oil companies saying recently that oil theft had caused output to fall.

“I am glad to report to you that in crude oil production, yesterday, we recorded an all time high of 2.7 million barrels. This has not been recorded before,” Andrew Yakubu, Managing Director of the Nigerian National Petroleum Corp (NNPC), said in a statement, according to Reuters.

Nigeria is a member of the oil producing group Opec, which has set the West African country a crude oil output limit of 1.67 million bpd.

Nigeria’s oil and finance ministers and the central bank governor have said in recent weeks that rapidly rising oil theft and the damage it causes to infrastructure is significantly cutting oil output.

Shell and the Nigerian government estimate somewhere between 150,000 and 180,000 bpd is being stolen, while an unknown amount is deferred due to pipeline sabotage.

Loading schedules showed Africa’s top oil producer was set to export 1.81 million bpd in September, its lowest in 11 months.


Posted: at 7-08-2012 04:49 AM (11 years ago) | Hero
- dlimelite at 7-08-2012 05:13 AM (11 years ago)
(f)
Oil or no oil. This country ain't benefitting from it. The 2.7M barrels oil record is for the politicians to jubilate. They feed from the oil.
Posted: at 7-08-2012 05:13 AM (11 years ago) | Hero
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- aso4life1 at 7-08-2012 05:22 AM (11 years ago)
(m)
There is nothing to celebrate about this? poverty rate is still very high and its the same set of people that had been ruling us. The same people, same families,same ideas,same corruption, no positive change.

All of them should go to hell and help me to tell them that their days are numbered cos Nigerias are now awake.

Posted: at 7-08-2012 05:22 AM (11 years ago) | Hero
Reply
- Fuck_Muslims at 7-08-2012 08:18 AM (11 years ago)
(m)
how e take concern me Huh? ...........anyways, gud news
Posted: at 7-08-2012 08:18 AM (11 years ago) | Upcoming
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- Senegal at 7-08-2012 08:37 AM (11 years ago)
(m)
Nonsense
Posted: at 7-08-2012 08:37 AM (11 years ago) | Hero
Reply
- verah at 7-08-2012 09:00 AM (11 years ago)
(f)
mtcheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeew

Posted: at 7-08-2012 09:00 AM (11 years ago) | Gistmaniac
Reply
- jamesbondchick at 7-08-2012 09:04 AM (11 years ago)
(f)
I pray make 9ja people benefit from the moni from dis oil, mtschewww

Posted: at 7-08-2012 09:04 AM (11 years ago) | Gistmaniac
Reply
- aso4life1 at 7-08-2012 09:08 AM (11 years ago)
(m)
Quote from: jamesbondchick on  7-08-2012 09:04 AM
I pray make 9ja people benefit from the moni from dis oil, mtschewww
Saint Benefit don mud since...

Posted: at 7-08-2012 09:08 AM (11 years ago) | Hero
Reply
- Solidstonez at 7-08-2012 10:12 AM (11 years ago)
(f)
WHAT A COUNTRY  Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Posted: at 7-08-2012 10:12 AM (11 years ago) | Addicted Hero
Reply
- chicco77 at 7-08-2012 11:31 AM (11 years ago)
(f)
 Lips Sealed
Posted: at 7-08-2012 11:31 AM (11 years ago) | Addicted Hero
Reply
- mallorca at 7-08-2012 11:46 AM (11 years ago)
(m)
Quote from: aso4life1 on  7-08-2012 09:08 AM
Saint Benefit don mud since...
Cry Cry Cry Cry

Posted: at 7-08-2012 11:46 AM (11 years ago) | Addicted Hero
Reply
- fallah at 7-08-2012 12:00 PM (11 years ago)
(m)
Hmmm, i don't even undastand 9ja at all. Every time publishing what will hurt common bcos they know that no single benefit to them. All our tomentors which we think as mentors care for only theirself and families. The muslim among them forgot Quran's warning against governing people whle the christian among them forgot about bible words and go astraiy. All of u are copy satan work. Remember one day which u and me will confess b4 God without any hiden agenda. Fear God.   
Posted: at 7-08-2012 12:00 PM (11 years ago) | Upcoming
Reply
- fallah at 7-08-2012 12:02 PM (11 years ago)
(m)
Hmmm, i don't even undastand 9ja at all. Every time publishing what will hurt common people bcos they know that no single benefit to them. All our tomentors which we think as mentors care for only theirself and families. The muslims among them forgot Quran's warning against bad governing people whle the christian among them forgot about bible words and go astraiy. All of u are copy satan work. Remember one day which u and me will confess b4 God without any hiden agenda. Fear God.   
Posted: at 7-08-2012 12:02 PM (11 years ago) | Upcoming
Reply
- Idbabe at 7-08-2012 12:23 PM (11 years ago)
(f)
How does dis benefit the common man on the street?
Posted: at 7-08-2012 12:23 PM (11 years ago) | Hero
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- biggpipe at 7-08-2012 01:43 PM (11 years ago)
(m)
Black leaders na gang of evil men.. just look at country like nigeria wey get plenti oil still people dey hungry na waooo. if na oyinbo leaders get this kind Natural resource thier pple no go see suffer any more.
Posted: at 7-08-2012 01:43 PM (11 years ago) | Newbie
Reply
- sarah555 at 7-08-2012 01:48 PM (11 years ago)
(f)
make d oil kukuma finish make every body enter house.  Angry
Posted: at 7-08-2012 01:48 PM (11 years ago) | Gistmaniac
Reply
- lanudja at 7-08-2012 01:55 PM (11 years ago)
(f)
Quote from: dlimelite on  7-08-2012 05:13 AM
Oil or no oil. This country ain't benefitting from it. The 2.7M barrels oil record is for the politicians to jubilate. They feed from the oil.
Well said
Posted: at 7-08-2012 01:55 PM (11 years ago) | Hero
Reply
- proly at 7-08-2012 02:09 PM (11 years ago)
(f)
gud
Posted: at 7-08-2012 02:09 PM (11 years ago) | Hero
Reply
- sportyzander at 7-08-2012 04:18 PM (11 years ago)
(m)
mtchewwww an opportunity to steal...
Posted: at 7-08-2012 04:18 PM (11 years ago) | Upcoming
Reply
- maryclaret at 7-08-2012 04:28 PM (11 years ago)
(f)
I guess some people on high pedestal are forgetting that oil is a natural resource and when it's done, it's done forever. There's not even any program in place to preserve our God-given natural resources. Those that are selling oil to America et al should continue until they suck it all dry. Meanwhile, there is no recycling of funds in order to better Nigeria. They should continue...one day!

Posted: at 7-08-2012 04:28 PM (11 years ago) | Gistmaniac
Reply
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