Nigeria’s oil production, which had crashed to just over 1 million barrels per day in May, is set to recover close to its Opec quota of almost 1.8 million bpd in two months’ time.
Secretary of State for Petroleum Timipre Sylva said the country should largely move past its production nadir by boosting security operations in the restive Niger Delta, which has been beset by oil theft in the past two years.