LAGOS, May 11 (Reuters) - Nigeria's oil production fell
below 1 million barrels per day (bpd) in April, its lowest level
in seven months, data from the petroleum regulator showed on
Thursday, after a strike at Exxon Mobil's local units hit the
country's output.
Oil production fell to 998,602 bpd after averaging 1.28
million bpd in the first three months of the year, the Nigerian
Upstream Petroleum Regulatory Commission's latest figures for
April showed.
Nigeria, which has capacity to produce 2.2 million bpd of
oil, has struggled to fulfil its OPEC quota of 1.8 million due
to crude theft, vandalism of pipelines and a lack of new
investment in the sector.
Total oil and condensate production for April was also down
at 1.25 million bpd from 1.52 million bpd in March.
The government has assumed oil production of 1.69 million
bpd in this year's budget.
(Reporting by MacDonald Dzirutwe; Editing by Kirsten Donovan)
macdonald.dzirutwe.thomsonreuters.com@reuters.net))
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