Wednesday 18 March 2015

UNCERTAINTY, LOWER OIL PRICES DOG NIGERIA’S OIL INDUSTRY

Nigeria faces the most keenly contested elections in its political history in ten days, with the ruling party heading up against a cohesive opposition; the activities of the Islamic sect, Boko Haram continues to impact the country’s overall risk rating and in the Niger Delta there’s always been concern over likely disruption of oil output.

Industry officials and analysts are voicing concerns. Some say there could be a serious risk of oil production in Nigeria being disrupted by post-election political instability.

Read more @ SweetCrude

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