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Shell output in Nigeria down by 226,000 bpd: official


AFP
LAGOS
Petroleumworld.com 01 13 06

Anglo-Dutch oil giant Shell was on Thursday losing some 226,000 barrels of crude per day as a result of hostage-takings and damaged pipeline in oil rich southern Nigeria's Niger Delta, spokesmen said.

Nigeria is Africa's largest producer with a daily output of 2.6 million barrels. Shell accounts for almost half of that figure and the loss Thursday is 9.04 percent of the country's total output.

"We decided to shut in 120,000 barrels of oil because of security concerns which followed the kinapping of four workers," he said.

Another spokesman tolld AFP some 106,000 barrels were also lost when unknown vandals damaged the company's supply pipeline in Brass Creek.

AFP 01 12 06

Copyright © 2006 AFP. All rights reserved

 

 


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