Selected Petroleum Statistics: Nigeria Produced 656.8m Barrels of Crude Oil in 2016

Must Read

- Advertisement -

Selected Petroleum Statistics from 2012 to 2016 revealed that 656,804.59 barrels of crude oil was produced in 2016 as against 777,492 barrels produced in 2015 while 771,444.96 barrels of crude oil were exported in 2015 as against 773,833.13 barrels in 2014 with Nigeria’s crude oil reserves put at 37,453m in 2016.

A total of 2,711,803,306.10mscf of gas was produced in 2016 as against 3,003,179,000.00mscf of gas produced in 2015 while 2,404,095,858.60mscf of gas was utilized in 2016 as against 2,672,247,000.00mscf utilized in 2015. Gas flared in 2016 was put at 29,648,382.48mscf.

57,437b/d of Liquefied Petroleum Gas, 260,787b/d of Petroleum Motor Spirit, 144,654b/d of Household Kerosene, 200,114b/d of Automotive Gas Oil and 283, 632b/d of fuel oil were recorded as finished products from domestic refineries in the year 2015.

Click here to get the full report…

Selected Petroleum Statistics: Nigeria Produced 656.8m Barrels of Crude Oil in 2016 - Brand Spur

- Advertisement -

Selected Petroleum Statistics: Nigeria Produced 656.8m Barrels of Crude Oil in 2016 - Brand Spur

 

 

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

E-Naira

CBN’s e-Naira Website Goes Live Ahead Of October 1

The Central Bank of Nigeria’s (CBN) e-Naira website has gone live ahead of October 1 official launch.According to the website, www.enaira.com, “eNaira is a...
- Advertisement -
spot_imgspot_img

Latest News

CBN’s e-Naira Website Goes Live Ahead Of October 1

The Central Bank of Nigeria’s (CBN) e-Naira website has gone live ahead of October 1 official launch.According to the...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img