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Page added on January 13, 2006

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Twin blow cuts Nigerian oil flow

Nigeria’s oil production has been cut by 10% after an explosion and the kidnapping of four foreign oil workers.

In the southern Delta region, gunmen in three boats boarded a vessel and seized the men, said a spokesman for oil giant Royal Dutch Shell.
Diplomats say the hostages come from the UK, the US, Honduras and Bulgaria, although Shell has not confirmed this.

Elsewhere in the Delta, a major pipeline that feeds an export terminal has been ruptured by militants.

Overall, production is down by some 220,000 barrels a day – almost 10% of Nigeria’s average output of 2.6m barrels.

BBC



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