Production from 13 of Nigeria’s 29 crude oil terminals fell significantly between July and September 2022, news outlet Nairametrics reported, citing data from Nigeria’s Upstream Petroleum Regulatory Commission.

The hardest-hit crude oil terminals include Bonny, Brass and Forcados, whose production output fell by 79%, 40.5% and 96.5%, respectively, during the three-month period.

The Forcados terminal recorded the highest loss of the three terminals, out of over three million…



Source link