Nigeria wants to increase its OPEC oil production quota to 2.75 million barrels a day from the current level of 2.058 million barrels a day, a source at the Nigerian National Petroleum Co. said Thursday.
"The challenge now is how to convince OPEC to allow us to increase our production ceiling," he told Dow Jones Newswires on the sidelines of the World National Oil Congress in London.
"If we are allowed a 2.75 million barrel-a-day production capacity, subject to other security concerns, we could move to that level (of production) on a one-month time lag."