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Nigeria’s Oil Output Drops 25,000 B/D, As Eni Reports Facility Blast

Eni, the parent company of Nigerian Agip Oil Company (NAOC), has declared a Force Majeure on expected oil output at its Brass terminal in Yenagoa, Bayelsa State, following a blast in one of its oil line facilities. With the serious damage to the firm’s facility, it means Nigeria would be recording a shortfall of 25,000 […]