Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94 million barrels in the second quarter of this year, down from a total of 165.62mb in the preceding quarter to 141.68mb.
According to the latest economic report of the Central Bank of Nigeria, the estimated average price of Nigeria’s reference crude, the Bonny Light, during the review period was $46.44 per barrel.
This, therefore, implies that the country lost about $1.11bn (N3.39tn at the official exchange rate of N305 to one dollar) as a result of its inability to produce as much as it did in the first quarter of this year.
Related posts:
UNCTAD proposes $3.4tn debt write-off for Nigeria, others
Nigeria’s industrial production value drops by 41% – AfDB
Nigeria’s daily oil production drops to 1.08m bpd
Nigeria to save $31.4bn on crude oil production
Nigeria’s crude oil production increases
Nigeria’s crude oil production recorded nine per cent increase in 2018
Nigeria increased crude oil production to 1.42m barrels per day in February – OPEC
Nigeria’s crude oil production dropped in January – OPEC
