Militant attacks cut Nigerian crude production by 1.3 million b/d; New attacks at pipelines, offshore platform owned by Shell

摘要

Lagos-Oil exporter Nigeria has been unable to take advantage of higher crude oil prices in recent weeks as attacks by militants in the Niger Delta have cut crude output to less than two-thirds of its nominal 3 million b/d capacity. State-owned Nigerian National Petroleum Corporation said June 22 the latest string of attacks against oil installations in the Delta would damage revenues in the oil-dependent West African country as US oil prices hover around $69/barrel.