Nigerian oil reserves rise, output up 26% as theft declines

Capt. John

Nigeria’s oil and gas reserves edged up in 2024, the industry regulator said on Thursday, while crude oil production surged 26% between April 2023 and late 2024 as incidents of theft declined. Nigeria, Africa’s top oil producer, relies on the commodity for around two-thirds of its revenue and more...

https://www.hellenicshippingnews.com/nigerian-oil-reserves-rise-output-up-26-as-theft-declines/

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