Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for November, which examined oil production performance in October.Information Guide Nigeria
In October, Nigeria ranked seventh in oil production, after Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Angola, and Algeria. The country’s output was a meager 1.01 million barrels per day.NYSC portal
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Angola produced 1.051mb/d; Algeria produced 1.060mb/d; Kuwait produced 2.811mb/d; UAE produced 3.188mb/d; Iraq produced 4.651mb/d, and Saudi Arabia produced 10.957mb/d.JAMB portal
Compared to Venezuela, Equatorial Guinea produced 57 barrels per day. The likes of Gabon, Libya, and Iran did not generate a single barrel last month.
According to him, beyond technology, Nigeria needed to identify the challenges, find the origin of the problem and deal with it.”JAMB Result
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