Tuesday, September 16, 2008

Oil Output Down

Nigeria, the world's eighth largest oil exporter, is pumping around 2.1 million barrels per day, down from last week after a fresh wave of militant attacks, a senior oil official said on Tuesday.

'Production had been at around 2.2 million barrels per day. We are now at 2.1 (million),' a senior official with the state-oil firm NNPC told Reuters.

Government officials on Monday said up to 115,000 bpd of oil production may have been halted in the last four days.

(Forbes)

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