Monday, August 2, 2021

    Nigeria to cap oil output at 1.8 mln bpd – OPEC’s Barkindo

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    ST PETERSBURG, Russia, July 24  – OPEC Secretary-General Mohammad Barkindo said on Monday Nigeria has no intention of going beyond its oil production target of 1.8 million barrels per day (bpd) until the end of March 2018.

    He also said Libya has an output target of 1.25 million bpd by December, but it remains a target given the challenges the country faces. (Reporting by Dmitry Zhdannikov and Katya Golubkova; Writing by Denis Pinchuk; Editing by Dale Hudson)

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