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UpstreamOnline: Nigerian Petroleum Minister Daukoru puts output loss at 872,000 bpd

 Nigerian Oil Minister Daukoru

By Upstream staff  

Nigerian Minister of State for Petroleum Edmund Daukoru has estimated the amount of oil shut in due to militant attacks and pipeline leaks at 872,000 barrels per day.

The figure appeared sharply higher than recent industry estimates of around 600,000 barrels per day shut in. Daukoru did not elaborate on the figure.

Nigeria was pumping at around 2.28 million bpd in August according to a Reuters survey.

Daukoru said production from Shell’s Forcados oil terminal and EA platform will restart within three to six months. About 477,000 barrels of oil equivalent per day production from those facilities have been shut-in since attacks in February.

A further 100,000 bpd from other producers using the Shell infrastructure there is also shut in.

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