Nigeria’s Oil Production Drops to Half Total Capacity

Nigeria said its oil output has fallen to 1.6 million barrels a day, half the country’s total capacity, because of militant attacks in the main producing region over the past three years.

The West African nation has the capacity to pump 3.2 million barrels a day, Levi Ajuonuma, a spokesman for state oil company Nigerian National Petroleum Corp., said today, citing a statement from Petroleum Minister of State Odein Ajumogobia. Royal Dutch Shell Plc’s onshore fields are worst affected by the insecurity, he said.

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