jubilee output being tested

Between 20,000 and 80,000 barrels of crude oil are being pumped per day from Ghana?s Jubilee oil field as part of a test run of equipment at the site, Daily Graphic reported.

The quantity will rise to 100,000 barrels by the end of the first quarter of next year and to 120,000 barrels by the second quarter, the Accra-based newspaper said, citing Kwame Ntow, head of economic evaluation at the state-owned Ghana National Petroleum Corp.

The first phase of the Jubilee project has been completed at a total cost of $3.35 billion, Ntow said, according to the newspaper. The oil field is operated by Tullow Oil Plc.

To contact the editor responsible for this story: Antony Sguazzin at [email protected].
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