IEA: Oil output in Nigeria dropped to its lowest level in 20 years

International Energy Agency (IEA) has said that Nigeria's current oil production has fallen over the past 20 years the country to the lowest level. The Nigerian government in June agreed to implement the amnesty to end violence in the Niger Delta region activities in Nigeria is almost no positive impact on oil production.

International Energy Agency in its monthly oil market, said in July the International Energy Agency estimated that the average Nigerian crude oil production 1.68 million barrels, more than in June crude oil production decreased by 4 million barrels a day and far below the Government's assumption of Nigeria 3,000,000 barrels per day capacity.

In the Niger Delta region of swamps and rivers of oil companies operating in the past few years by local militants had been a serious constraint, the local militants have been most in the search for local control of oil wealth.

Aug. 16, 2009