Nigeria to pump more condensate, remain compliant with OPEC+ cuts

摘要

Dubai—Nigeria is complying with OPEC+ curbs and has implemented so-called “compensation cuts” but will pump more condensate to make up for the reduced crude production, managing director of state energy firm Nigerian National Petroleum Corp., Mele Kyari, said Jan. 13. “We are in conformity including the compensation cuts,” Kyari told the Global UAE Energy Forum 2021 organized by Gulf Intelligence. OPEC+ had called on Nigeria to implement compensation cuts of 283,000 b/d from August through to December 2020 to make up for overproduction in previous months.