Nigeria’s oil revenue squeezed as 236,500bpd goes to debt deals
Crude prices above $90 a barrel may offer Nigeria a stronger revenue opportunity, but the country’s ability to capture that upside is increasingly dependent on how many barrels it can produce outside existing financing commitments. About 236,500 barrels per day (bpd) of crude production is now committed across six oil-backed financing arrangements, equivalent to about […] The post Nigeria’s oil revenue squeezed as 236,500bpd goes to debt deals appeared first on Business A.M.
Crude prices above $90 a barrel may offer Nigeria a stronger revenue opportunity, but the country’s ability to capture that upside is increasingly dependent on how many barrels it can produce outside existing financing commitments. About 236,500 barrels per day (bpd) of crude production is now committed across six oil-backed financing arrangements, equivalent to about […] The post Nigeria’s oil revenue squeezed as 236,500bpd goes to debt deals appeared first on Business A.M.
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