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Nigeria oil shortfall expected to last about six months: minister
AFP
VIENNA
Petroleumworld.com 09 14 06
Nigeria is losing about 872,000 barrels per day in oil production due to unrest and most of the shortfall is expected to last about six months, the west African country's oil minister said Wednesday.
Production currently stands at 2.3 to 2.33 million barrels per day, Edmund Daukoru said on the sidelines of an OPEC conference in Vienna.
In response to a question about the impact of recent attacks on installations on output of the world's sixth largest crude oil, Daukoru told reporters: "872,000 barrels per day shortening as of yesterday."
"Six hundred (thousand) of it is from Shell, the rest of it spread between (Italian oil company) Agip and other lesser producers," he said.
"The Shell part of it will come back in a big chunk, as soon as they fix an offshore loading platform. The rest is spread over a number of oilfields, that would take a bit more time," Daukoru said.
"Shell themselves put it at within six months. It could be earlier it could be later," he added.
AFP 13 1328 GMT 09 06
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