Nigeria's presidential adviser on petroleum said on Tuesday that his country will increase oil production by 10 percent, or 250,000 barrels per day before the end of the year.

"We are expecting between 200,000 and 250,000 barrels from the Bonga field before the end of the year," Edmund Daukoru told the state-run News Agency of Nigeria in Vienna.

"This will add up to our present production level of about 2.2 million barrels per day," he said.

Daukoru said Nigeria's production will increase by another 100,000 barrels next year from Akpo field located in the oil-rich Niger Delta offshore. Nigeria is Africa's top oil exporter, and the majority of the oil is produced in the southern Niger Delta region.

Daukoru, who is in Vienna for Wednesday's ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC), also stated that uncomfortable with the current high price OPEC has decided to increase production.

"We are faced with a situation of high price ahead of our meeting, increase is very possible," he said, adding consultations are on to increase 500,000 barrels per day on the conviction that such increase will calm the market.

OPEC currently produces about 30 million barrels per day far above its quota of 27.5 million barrels.

Source: Xinhua