Posted on 05/20/2016 8:11:07 PM PDT by Lorianne
Attacks on energy infrastructure continue to bombard the oil majors operating in the Niger Delta. The latest victim was Italian oil giant Eni, who told UPI in an email that some of its equity oil production was knocked offline because of an attack on an oil pipeline.
The Niger Delta Avengers have fiercely stepped up assaults on the likes of Chevron, Shell and Eni in recent weeks. Oil prices have increased over the same time period as the disruptions – combined with the major outages in Canada – have erased the global glut for crude oil.
Nigeria’s oil production has plunged by an eye-watering 40 percent, falling to just 1.4 million barrels per day, the lowest level in decades. "Because of the incessant attacks and disruption of production in the Niger Delta, as I talk to you now, we are now producing about 1.4 million barrels per day," Nigeria’s oil minister Emmanuel Ibe Kachikwu said, according to Reuters. "We were at 2.2 million bpd but we have lost 800,000 barrels.”
(Excerpt) Read more at oilprice.com ...
This group kind of missed the boat here. IMO. They should have called themselves the “Niger Wingnut Avengers”, or NWA for short.
The usual foul-your-own-nest, crabs-in-a-basket behavior we’ve come to know and love in recent years.
Don’t these Nigerian princes - the ones that always try to scam me - have control over their own people?
I guess it’s just a coincidence that when we have a major oil glut that ‘terrorists’ attack oil producers, almost as if they are being paid to do so.
We were at 2.2 million bpd but we have lost 800,000 barrels.
https://www.youtube.com/watch?v=zIV4poUZAQo
stealing oil is one of the few
upsides to living in Nigeria.
enjoy the Zika!
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