Oil Production at 1.6m bpd Excluding Condensates –Minister

Nigerian oil production, excluding condensates, is running at 1.6 million barrels per day (bpd), the country’s oil minister said on Wednesday.

“For next year, all things being equal, I expect that we will be able to meet 1.8 million bpd of crude,” Emmanuel Ibe Kachikwu told reporters in the capital, Abuja.