OPEC’s Smallest Producer Sees Crude Oil Exports Drop To Zero ...Middle East

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OPEC’s Smallest Producer Sees Crude Oil Exports Drop To Zero
Equatorial Guinea, a small West African country and OPEC’s smallest oil producer, did not export any crude oil in May due to output declines and no new projects to replace lost production, Petro-Logistics said on Thursday. So last month, Equatorial Guinea’s crude oil exports hit zero, according to the crude flows tracking firm.Source: Petro-Logistics on Twitter Equatorial Guinea, like other West African producers, faces the common problem of declining production mingled with a lack of immediate new projects coming on, Petro-Logistics…

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