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Topic: OPEC exempts Nigeria in 1.2m bpd production cut  (Read 1698 times)

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OPEC exempts Nigeria in 1.2m bpd production cut
« on: December 01, 2016, 01:01:21 PM »
OPEC exempts Nigeria in 1.2m bpd production cut

Members of the Organisation of Petroleum Exporting Countries (OPEC) have agreed to cut production — the first in eight years—by 1.2 million barrels per day (mb/d) to bring ceiling to 32.5 mb/d, effective from January 1. Minister of State (Petroleum) Emmanuel Ibe Kachikwu told reporters on the sidelines of the meeting that “this production cut is expected […]


The post OPEC exempts Nigeria in 1.2m bpd production cut appeared first on The Nation Nigeria.


Source: OPEC exempts Nigeria in 1.2m bpd production cut

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