Elaeis guineensis program. Oil is extracted from both the pulp of the fruit (palm oil, an edible oil) and the kernel (palm kernel oil, used in foods and for soap manufacture). For every 100 kg of fruit bunches, typically 22 kg of palm oil and 1.6 kg of palm kernel oil can be extracted. The high oil yield of oil palms (as high as 7,250 liters per hectare per year) has made it a common cooking ingredient in Southeast Asia and the tropical belt of Africa. Its increasing use in the commercial food industry in other parts of the world is buoyed
Oil reserves in Nigeria Oil reserves in Nigeria Although Libya has more reserves, there were of proven oil reserves in Nigeria as of 2011, ranking the country as the largest oil producer in Africa and the 11th largest in the world, averaging in 2006. At current rates this would be 45 years of supply if no new oil was found. Pipeline vandalism, kidnappings, and militant takeover of oil facilities have reduced production, which could be increased to in the absence of such problems. The Nigerian government hopes to increase oil production capacity to by 2010. Nigeria is the world’s eighth largest exporter of crude