Nigeria’s crude oil production volume for February 2023 grew month-on-month by 3.83 per cent (1.85 per cent in January) to 1.31mbpd (without condensates) and 3.57 percent m/m to 1.55mbpd (with condensate).
On the other hand, Qua Iboe and Forcados terminals recorded declines in volume by 12.50 per cent and 0.33 per cent respectively.