Page added on July 31, 2006
LAGOS, 07/31 – The crude production in Nigeria has been cut by 675,000 barrels per day (bpd), or 26 percent of the country `s normal daily output, local leading daily This Day reported on Monday.
“The cut is a result of recent militant attacks in the Niger Delta and a pipeline leak there last week, ” the report said.
Royal Dutch Shell, which produces half of Nigeria`s oil, said last Tuesday a leak of an oil pipeline in south Nigeria had cut output there by 180,000 bpd. As a result of the leak whose reason remains unclear, the contracts of Shell might not be honored in July and August.
There were also 477,000 barrels offline in the western region of the oil-rich Niger Delta. Altogether, Nigeria had to cut oil output by 675,000 bpd because of a string of leakage accidents.
Leave a Reply