<Dt> Texaco (now merged with Chevron) </Dt> <Dd> NNPC Texaco - Chevron Joint Venture (formerly Texaco Overseas Petroleum Company of Nigeria Unlimited): A joint venture operated by Texaco and owned by NNPC (60%), Texaco (20%) and Chevron (20%) currently produces about 60,000 barrels per day (9,500 cubic metres per day) from five offshore fields . </Dd> <P> Nigeria's oil revenue has totaled $340 billion in exports since the 1970s and it is the fifth largest producer . Though Nigeria is a major oil exporter, it imports most of its gasoline, and when fuel subsidies were lifted in January 2012, fuel increased from roughly $1.70 per gallon to $3.50 . Nigeria produces a form of oil ideal for the United States, has huge reserves, and has increased its production to 2.8 million barrels (450,000 m) of oil a day . But this, some say, is all a resource curse that is hurting Nigeria and disadvantaging her people . </P> <P> A report analysing the effect of oil theft in Nigeria revealed in July 2013 that Nigeria lost $10.9 billion in potential oil revenues between 2009 and 2011 . </P>

How many barrels of oil nigeria produce in a day