Nigeria’s daily crude oil production level has gone up to two million barrels.
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Doctor Maikanti Baru, made this known to the State House correspondents after meeting with President Muhammadu Buhari at the Presidential Villa, Abuja.
The figure represents 500,000 barrels increase over 1.5 million barrels recorded last month due to the shutdown of some of the major oil pipelines in the Niger Delta region for routine maintenance or repair
Forcados, a major export pipeline carrying nearly 250,000 bpd in the restive region, is closed. It has only been open for three weeks in the past year, due to militant attacks, with no sign of the pipeline resuming operation.
There have not been militant attacks on pipelines in the last few months and the government has been holding talks with groups, who want a greater share of Nigeria’s oil wealth to go to the impoverished region, to broker a peace agreement.