How much can Nigeria add?
The country has a chance to lift output - but that doesn't mean it will
Nigeria was given a pass when Opec agreed to new group-wide cuts in November-unrest in the Delta throughout 2016 had already lopped off much of its supply. Now it needs to make the most of its exemption, by restoring lost production. It won't be easy. President Muhammadu Buhari thinks Nigerian output can reach 2.2m barrels a day in 2017-0.7m b/d more than production in December, but just 100,000 b/d more than the government says it was producing before the Niger Delta troubles resurfaced early in 2016. If it pulled off that kind of output recovery, Nigerian production growth on its own would replace more than half of the barrels the rest of Opec has pledged to remove. None of the core Opec c
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