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Nairaland Forum / Nairaland / General / Politics / Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota (7644 Views)
NNPCL Confirms Rise Of Oil Production To 1.6 Million BPD / Dangote Refinery Agrees To Buy 300,000 BPD Of Crude For 20 Years From NNPC / Nigeria's Oil Production Falls To 1.083 Million BPD In July (2) (3) (4)
Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by AnonPoet: 7:12am On Mar 03 |
Relief as Nigeria Nears OPEC’s Renegotiated 1.5m bpd Quota Meanwhile, indications emerged at the weekend that Nigeria’s efforts to raise crude oil production continued to yield results during the February circle, with output for the month rising by approximately 60,000bpd during the month.https://www.thisdaylive.com/index.php/2024/03/03/dangote-refinerys-second-crude-oil-shipment-leaves-us-for-nigeria?amp=1 12 Likes 2 Shares
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Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by datopaper(m): 7:18am On Mar 03 |
Tinubu knows the way. E ni ti o ba Mona ni ki atele. 28 Likes 6 Shares |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by AntiChristian: 7:19am On Mar 03 |
May God bless Nigeria! May God guide BAT! May God bless me and you! 17 Likes 2 Shares |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by mrrandomguy: 7:20am On Mar 03 |
It is still a shame that even after decades of production, the nation's capacity remains at 2.2 million barrels per day. I hope the oil will completely dry up so that we can be serious. Now drop your phones and go to church. 10 Likes 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by verybadmouth(m): 7:20am On Mar 03 |
Good one. Nigeria will work again 9 Likes 2 Shares |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by slivertongue: 7:21am On Mar 03 |
It won't solve the cost problem |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Emu4life(m): 7:21am On Mar 03 |
This OPEC caps doesn't make sense to me. How can Saudi Arabia, Iraq, Iran, UAE, Russia, Kuwait and others with small population have times 5 (or even more) of the Nigerian qouta despite our large population? If we have sensible leaders, we should have exited OPEC and targeting 10m barrels production per day. Honestly, this OPEC qouta shit doesn't make much sense. 33 Likes 2 Shares |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Neimarjr: 7:21am On Mar 03 |
ND Oyel for everybody 1 Like |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Dakayuyu: 7:22am On Mar 03 |
Hmm |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by gasparpisciotta: 7:22am On Mar 03 |
10% of the proceeds go to private pockets 3 Likes 2 Shares |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by ATEAMS: 7:22am On Mar 03 |
Slow but steady 3 Likes 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by NinjaMetahuman: 7:23am On Mar 03 |
Why is Nigeria still doing the nonsense opec? Nigeria is currently facing fx crisis and one organization is telling them they cant sell stuff that will fix the problem. 12 Likes 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Inosky(m): 7:25am On Mar 03 |
We hope this is not another propaganda. Nigeria should be producing more to service Dangote refinery. If the OPEC sees your rate has increased they will definitely increase the benchmark. Oil military thieves should be arrested, made to pay heavy fine and imprisoned. What stops Tinubu from drafting a strong tactical armed group and building a system to prevent such that even as at today we still hear that an illegal vessel carrying millions stolen oil was caught in the high sea. Is it not shameful? 3 Likes 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Shellsploit: 7:25am On Mar 03 |
God why u bringbme come this kain country? 3 Likes
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Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Offpoint1: 7:27am On Mar 03 |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by LegendHero(m): 7:28am On Mar 03 |
Make Tinubu raise am to 2milli. How enough export and use that to the benefit of Nigerians. OPEC quota or not 38 Likes 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Good2go1: 7:29am On Mar 03 |
Alpha- Beta will soon take over collection of FG revenue and someone in Aso rock will be taking 10% commission. 1 Like 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Ola9ja23: 7:30am On Mar 03 |
Good news We need more of this to fix our shortage FX 20 Likes |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Emu4life(m): 7:30am On Mar 03 |
mrrandomguy:We are still at 1.4mbd, not 2.2mbd. Nigeria is not a serious Country. 4 Likes |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Shadomaan7: 7:33am On Mar 03 |
Nigeria don dey near their quota, e go bring small relief for our foreign exchange wahala, make dem maintain dis momentum! 38 Likes |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by portacabin: 7:37am On Mar 03 |
Emu4life:you just talk anyhow. We have never developed capacity and capabilities to produce even 3 million barrels daily 16 Likes 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Akwamkpuruamu: 7:38am On Mar 03 |
Will this make the price of rice, foodstuffs, cooking gas to come down? Your guess is as good as mine |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Kennyztech: 7:40am On Mar 03 |
Ok |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Elvictor: 7:46am On Mar 03 |
The same Nigeria importing from US or which one? |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Faiththatworks(m): 7:47am On Mar 03 |
Like I always start,God bless Nigeria. God bless NNPCL I always look forward to seeing good news about my great country Nigeria. God bless Tantita,the Nigeria Navy,this crude oil production increase shows that money paid for securing our waters from oil criminals is paying off. Nigeria needs revenue from every source right now, especially from oil and gas. I really hope Asiwaju will perform his magic and look beyond our dependence on Oil and gas. He was able to increase the revenue in Lagos almost four fold in 8 years,I hope he's able to replicate the same in Nigeria. To more cheering news,God bless Alhaji Dangote,I read In another thread his refinery is importing more crude oil this Month. Who could believe Nigeria will ever import crude oil when the reverse was the case for almost 20 years. I keep saying Nigeria is about to experience a big boom in Manufacturing,for those who want to position themselves for the impending boom,today is the best time to invest in landed properties around the Refinery. If you are Interested,check my signature for more details. God bless Nigeria.... I'm not just sure,I'm certain it will happen, 3 Likes |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Lanre1st(m): 7:49am On Mar 03 |
Better |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Creamypie(m): 7:53am On Mar 03 |
Will it reduce inflation? Oil wey buhabokoribandit don sell in Advance for loan. Its same as collecting money ahead for a bride that is yet to be born. APC don throw next 3 generation in huge dept ahead |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by pocom16: 8:02am On Mar 03 |
We should be producing nothing less than 2m barrels.. The NNPCL chairman promised sometime in 2022 that our output will rise to 3m plus to support our local refineries.. audio I guess Meanwhile https://www.youtube.com/watch?v=Ipv0Mt75Ipk |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by ahaz: 8:06am On Mar 03 |
Emu4life:10 million barrels to end up being looted in Billions by the kleptomaniac and never do well Fulanis..you try cos the crudenis not coming from your state 1 Like 1 Share |
Re: Nigeria Nears OPEC’s Renegotiated 1.5 Million BPD Quota by Chinkoalhaji34: 8:06am On Mar 03 |
Looks like Nigeria is finally catching up to the OPEC quota, but lets hope its not just a temporary increase due to the new refinery and exports. 1 Like |
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