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n: 15.67 billion kWh (2001) Electricity - consumption: 14.55 billion kWh (2001) Electricity - exports: 20 million kWh (2001) Electricity - imports: 0 kWh (2001) Oil - production: 2.256 million bbl/day (2001 est.) Oil - consumption: 275,000 bbl/day (2001 est.) Oil - exports: NA (2001) Oil - imports: NA (2001) Oil - proved reserves: 27 billion bbl (1 January 2002) Natural gas - production: 15.68 billion cu m (2001 est.) Natural gas - consumption: 7.85 billion cu m (2001 est.) Natural gas - exports: 7.83 billion cu m (2001 est.) Natural gas - imports: 0 cu m (2001 est.) Natural gas - proved reserves: 4.007 trillion cu m (1 January 2002) Current account balance: $1.439 billion (2003) Exports: $21.8 billion f.o.b. (2003 est.) Exports - commodities: petroleum and petroleum products 95%, cocoa, rubber Exports - partners: US 38.3%, India 9.9%, Brazil 6.8%, Spain 6.2%, France 5.6%, Japan 4% (2003) Imports: $14.54 billion f.o.b. (2003 est.) Imports - commodities: machinery, chemicals, transport equipment, manufactured goods, food and live animals Imports - partners: US 15.6%, UK 9.6%, Germany 7.3%, China 7.2%, Italy 4.3% (2003) Reserves of foreign exchange & gold: $7.128 billion (2003) Debt - external: $31.07 billion (2003 est.) Economic aid - recipient: IMF $250 million (1998) Currency: naira (NGN) Currency code: NGN Exchange rates: nairas per US dollar - 129.222 (2003), 120.578 (2002), 111.231 (2001), 101.697 (2000), 92.3381 (1999) Fiscal year: calendar year Communications Nigeria Telephones - main lines in use: 853,100 (2003) Telephones - mobile cellular: 3,149,500 (2003) Telephone system: general assessment: an inadequate system, further limited by poor maintenance; major expansion is required and a start has been made domestic: intercity traffic is carried by coaxial cable, microwave radio relay, a domestic communications satellite system with 19 earth stations, and a coastal submarine cable; mobile cellular facilities and the Internet are available international: country code - 234; satellite earth stations - 3 Intelsat (2 Atlantic Ocean and 1 Indian Ocean); fiber optic submarine cable (SAT-3/WASC) provides connectivity to Europe and Asia Radio broadcast stations: AM 83, FM 36, shortwave 11 (2001) Radios: 23.5 million (1997) Tel
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