By Emmanuel Tumanjong

Special to Dow Jones Newswires

Equatorial Guinea expects its oil production to hit a record 145,000 barrels per day by the end of September, the country's Minister of Petroleum Gabriel Obiang Lima said Thursday.

OPEC member Equatorial Guinea currently produces 130,000 barrels of oil a day.

New offshore wells operated by Noble Energy Inc. (NBL), confirmed in August, will begin producing in the coming days.

Mr. Lima added that daily production would further increase by the year's end, but he didn't specify as to by how much.

As a smaller member of OPEC Equatorial Guinea isn't subject to production cuts.

Write to Barcelona Editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

September 13, 2019 08:22 ET (12:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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