Economy - Voice of America: Nigerian Oil Production at 'All-Time High'

Economy - Voice of America economy-and-business

Nigerian Oil Production at 'All-Time High' Aug 3rd 2012, 15:56 ABUJA — Nigeria, Africa's biggest oil exporter and 5th largest supplier to the United States, appears to be growing more productive.  After months of reports that theft has been costing the oil industry as much as $1 billion a month, and causing most of the oil spills devastating the Niger Delta region, officials say output is increasing.  "Yesterday we recorded an all-time high of 2.7 million barrels of crude-oil production, and these numbers have never been achieved ... Media files: C472F35D-2371-47E0-8C49-999F0A115B55_cx0_cy10_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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