Attacks by militants in Nigeria’s oil-rich Niger
Delta region have cut oil production by 800,000 barrels per day (bpd),
according to the country’s petroleum minister. Nigeria’s Petroleum Minister
Emmanuel Ibe Kachikwu said on Monday that the attacks had cut Nigeria’s oil
production from an average of 2.2 million bpd to 1.4 million bpd. The dip means
that Nigeria is temporarily no longer Africa’s biggest oil producer. Angola is
currently producing 1.8 million bpd, while Nigeria was recorded as producing
1.69 million bpd, in an early May research.
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| Nigeria President Buhari |
An offshore facility run by U.S. company Chevron,
which produced 35,000 bpd, was shut down in May following an attack, while
Shell has reportedly evacuated some of its staff from an oilfield in the region
due to the increased risk of attack. A newly-formed group calling itself the
Niger Delta Avengers claimed responsibility for the Chevron attack and said, on
its website, that its “major goal” is “to cripple the Nigerian economy’.
source: Times
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