Oil troubles in Nigeria
What effects would this have on Yar'Adua's presidency? Why do the legislators blame the oil companies for the problem?And how likely are the Russian and Chinese investors to follow through on their deals if the government is unable to provide adequate protection for pipelines?
Crude Supplies to Refineries Will Dry up in 15 Days --NNPC
THE Nigerian National Petroleum Corporation (NNPC) has warned that crude oil supply to refineries will dry up in 15 days if the vandalism of oil pipelines in the Niger Delta continues unabated...
NNPC's Group Managing Director, Mohammed Sanusi Barkindo, raised the alarm over refinery supplies at an interactive session with the Rep. Abdul Ningi-led ad-hoc committee on the Niger Delta crisis...
Concerned about the insensitivity of the multinationals on the humanitarian condition in the area in their presentations, the lawmakers took turns in blaming the NNPC for failing to coordinate with the National Emergency Management Agency (NEMA) on the provision of relief materials to the people in the crisis area...
Militant group the Movement for the Emancipation of the Niger Delta (MEND) attacked the Ogoda Manifold-Brass Terminal pipeline... during the night of 18 and June...
Since it first started in early 2006, MEND attacks have shut in between 20% and 30% of Nigeria's output.
Labels: cleavages, economics, Nigeria, politics
posted by Ken Wedding @ 7:04 AM
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