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Nigeria’s oil output to increase by 180,000 bpd – Petroleum Minister

Channels Television  
Updated February 21, 2012
Diezani Alison-Madueke

Africa’s largest oil-producer is set to produce even more black gold a Reuters report stated.

Nigeria, which is currently producing some 2.5 million barrels per day (bpd) of combined crude oil and condensate will soon increase its output by 180,000 bpd, petroleum minister Mrs. Diezani Alison-Madueke said.

According to the petroleum minister oil refineries utilisation capacity is set to increase to 90 percent in the next two years after maintenance is carried out by the original construction companies, Reuters reported.