Nigeria to target additional production by the end of 2015
Nigeria Jonathan Okehs, group general manager of the National Petroleum Investment Management Service (NAPIMS), said in a New Year message that a further 57,000 bopd are expected by 2016 and 200,000 bopd in 2017 as a result of new projects.
The announcement came amid announcements that Nigeria is set to cut petroleum prices a month before general elections in an effort to curb the effect of austerity measures and devaluation of the naira.
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