Nigeria’s oil export up by 150,000 bpd


Nigeria’s oil export volume has risen by 150,000 barrels per day (bpd) following the completion of Nembe Creek Trunk Line maintenance.
Aiteo, an indigenous oil and gas company that handled the rehabilitation of the pipeline disclosed yesterday that work has been completed to pave the way for resumption of export.

The resumption of export, it was gathered, has increased the nation’s total export to about 2.3 million bpd, thus enhancing the implementation of the N7.4 trillion 2017 budget.

It was further gathered that the force majeure earlier place to protect the oil company from any liability may be lifted any moment from now.

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