The volume of natural gas produced by Nigeria, including condensate, dropped by 17.7 percent to 1.25 million barrels per day in April 2023, down from 1.52 million barrels per day recorded in the preceding month of March 2023.
The Organization of petroleum exporting countries, OPEC, reported on Thursday that the country’s oil production, excluding condensate, dropped by 23 percent, MOM, to 999,999 barrels per day.
However, the Nigerian upstream petroleum regulatory commission, NUPRC, reported that the output, including condensate, decreased during the same period in its May 2023 report, which was obtained from Vanguarduard over the weekend.
The report indicates that Nigeria was unable to meet its 1.69 million bpd target for the 2023 budget, despite the addition of Condensate that Nigeria can produce between 300,000 bpd and 400,000 bpd.
