• Sunday, September 29, 2024
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BusinessDay

Nigeria’s oil output rises to 1.6mbd says NNPC’s Kyari

NNPC denies owning blending plant in Malta

Mele Kyari, Group CEO, NNPC

Nigeria’s oil output is increasing and as of Thursday stood at 1.6 million barrels per day (bpd), up from less than 1 million bpd in July last year, the group chief executive of Nigerian oil company NNPC said on Friday.

“We are growing production. In July 2022 we were at less than 1 million barrels per day. As at yesterday, we were at 1.6 million barrels and hopefully we will meet the OPEC quota of 1.8 million,” Mele Kyari told reporters at NNPC’s offices.