OPEC Invites Libya, Nigeria To Committee Meeting Sep 22

OPEC Invites Libya, Nigeria To Committee Meeting Sep 22

Libya and Nigeria, the two OPEC members exempt from the current oil production cut deal, have been invited to participate in the producer group's latest ministerial committee meeting September 22.

The two countries have been asked to attend the meeting in Vienna to identify the latest developments in their oil sectors, Kuwait's OPEC governor, Haitham al-Ghais told Al-Rai newspaper Sunday.

Nigeria's oil production, including crude oil and condensates, is currently at around 2.2 million to 2.3 million b/d, including about 300,000 to 400,000 b/d of condensates, oil minister Emmanuel Kachikwu said Thursday.

Libyan output had also recovered to reach an average of 990,000 b/d in July, its highest level in three years, up 180,000 b/d in June, according to the latest S&P Global Platts OPEC survey.

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