Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), has said Nigeria’s oil output will rise to 1.8 million barrels per day (bpd) by the end of 2021.
Nigeria had lost its spot as Africa’s top oil producer to Libya in the month of October.
While speaking during an interview with Bloomberg TV on Tuesday, Kyari said: “It is very obvious that by the close of the year we would get back to the 1.7-1.8m barrels per day from crude only. As you may be aware, when we mention these figures, I am talking about crude oil only,”
“We do produce condensate and when we combine this, we can easily hit the 2.0 million at the end of the year.
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“The fact is very clear, during the COVID-19, we shut down some of these wells and they naturally don’t get back when you want them to and how you want them.
“That is what we are trying to do because we do have some challenges around the facilities and these are being taken care of. There is enormous work and intervention going on that will get us back before the end of the year.”
