Wednesday 24 August 2016

EIA EXPECTS NIGERIA’S OIL PRODUCTION TO REMAIN LOW TILL 2017

This picture taken on June 8, 2016 shows a fuel storage facility in Warri, Delta State on June 8, 2016. The oil rich Delta region in Nigeria has seen the rise of a new militant group that has vowed to cripple the economy, due to the actions of the Delta Avengers Nigeria’s oil production has dropped to a 20-year low drastically affecting economy. / AFP PHOTO / STEFAN HEUNISThis picture taken on June 8, 2016 shows a fuel storage facility in Warri, Delta State on June 8, 2016. The oil rich Delta region in Nigeria has seen the rise of a new militant group that has vowed to cripple the economy, due to the actions of the Delta Avengers Nigeria’s oil production has dropped to a 20-year low drastically affecting economy.
 
The United States Energy Information Administration (EIA), expects Nigeria’s oil production to remain depressed through 2017, as a result of militant attacks.

Read more @ The Guardian
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