OPEC Raises Nigeria, Saudi Arabia Oil Quotas

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Engr. Funsho Kukpolokun, yesterday said that Nigeria and Saudi Arabia had been granted permission by the Organisation of Petro-leum Exporting Countries (OPEC) to increase their crude oil production quotas to help fill current market supply shortfalls of 2.0 million barrels per day (bpd).Kupolokun spoke at an  NNPC-...

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COMMENTS [total: 15]

• Well, i'd encourage the nation to make the money while they can because the era of oil windfall is coming to an end soon. Also...
• It is good to jump and shout hurray for upward review of Nigerian Crude oil quota as approved by OPEC. But what is more import...
• We should also talk if this could be in long term? So that every Nigerians should have social care, and every right to free Ed...
• The demand for oil from the hungry consumers in China and the USA will be on the increase for the time being, until new techno...