Report: Nigeria to Maintain Top Positions as Africa’s Biggest Oil Producer, Production to Peak in 2023
Nigeria will retain its number one position as Africa’s biggest oil producer as well as maintain the top three gas suppliers on the continent between 2022 and 2025, the African Energy Chamber (AEC), has stated.
In its Q1 2022 outlook, tagged the State of African Energy, the AEC contended that Nigeria will produce 1.46 million barrels per day (bpd) of crude oil out of the 6.35 million bpd that Africa as a whole will produce during the year.
It noted that this will reaffirm the country’s position as a continental energy hub as production in the West African state peaks in 2023…
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