(Adds more comments, details, background)
FUJAIRAH, United Arab Emirates, Oct 1 (Reuters) - Nigeria
will make cuts to its crude oil output to comply with OPEC
output targets, Mele Kolo Kyari of the Nigerian National
Petroleum Company (NNPC) said on Tuesday.
Nigeria's September crude oil and condensate output was
2.1-2.2 million barrels per day (bpd), the director of its state
oil company said on Tuesday.
"We will (cut) across the assets. The OPEC quota (is) on
crude production only, not on condensate, so it doesn't affect
the condensate," he told reporters at a conference in Fujairah
in the United Arab Emirates.
"Our non-conformity is clearly on the crude, and it's not
significant so when you spread it across all the assets it will
not be a shock."
Kyari added that Nigeria hoped to raise oil production to
about 3 million bpd in the next 2 to 3 years.
The 14-nation Organization of the Petroleum Exporting
Countries (OPEC) agreed in December with non-OPEC partners
including Russia to reduce supply by 1.2 million bpd from the
start of this year.
OPEC's share of the cut is 800,000 bpd, to be delivered by
11 members, with exemptions for Iran, Libya and Venezuela.
According to a Reuters survey published on Monday, Nigeria
had pumped beyond its quota by 265,000 bpd in September, more
than any other OPEC state. Iraq, Congo, Ecuador and Gabon had also over-produced but by
much smaller margins, the survey found. Nigeria is also discussing potential investment
opportunities with Saudi Aramco and ADNOC of the United Arab
Emirates in Nigeria, and discussing potential gasoline supply
with Aramco trading.
The NNPC was exploring the possibility of ADNOC investing in
mid-stream pipelines and refineries in Nigeria, Kyari said.
“We are talking to (Aramco Trading) ... We are looking at
all opportunities and they are quite keen to supply gasoline to
West Africa", he added.