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Shell: Nigeria has Potential to Produce 4 Million Barrels of Oil Per Day
Feb. 21, 2012 12:33PM PST
Resource Investing News Bloomberg reported that according to Royal Dutch Shell PLC’s VP, Ian Craig, Nigeria has the potential to produce as much as 4 million barrels of oil a day.
Bloomberg reported that according to Royal Dutch Shell PLC’s (NYSE:RDS.B) VP, Ian Craig, Nigeria has the potential to produce as much as 4 million barrels of oil a day.
As quoted in the market news:
Craig also said that as much as 150,000 barrels of crude a day is being stolen by oil thieves in the Niger Delta despite an amnesty deal for militants there.