Angola, Libya and Algeria produced more crude oil than Nigeria in September as Africa’s largest economy saw its output dip below 1 million barrels for two months straight.
The latest monthly oil market report released by the Organization of Petroleum Exporting Countries, OPEC, on Wednesday shows that Angola produced the most oil on the continent in September at 1.18 million barrels per day, bpd, followed by Libya with 1.152 million bpd, based on secondary sources.
Algeria produced 1.04 million bpd, while Nigeria pumped 1.09 million bpd in September, based on secondary sources.
The report for September revealed that Angola produced more crude oil than Nigeria for the fifth straight month, based on direct communication.
Nigeria had in May lost its status as Africa’s biggest crude oil producer to Angola. OPEC report for September showed that Libya overtook the country in August as second-biggest producer.
The Nigerian Upstream Petroleum Regulatory Commission, in its oil production status report for September, revealed that Nigeria’s oil production fell further to 937,000 bpd from 972,394 in August this year.