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Lagos oilfield to start production in 2014

02 January 2013, 15:01

Lagos - By 2014, oil is expected to be produced for the first time offshore Lagos State from the Aje gas and condensate field, Punch reports.

The field is currently in the development planning stage, with first production expected in 2014, according to the United States Energy Information Administration’s website.

Aje field is expected to reach a plateau production of between 50,000 to 80,000 barrels of oil equivalent a day.

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