VOL. XLVII
No 02
12-January-2004
OPEC
OPEC Quota, Fiscal Uncertainty Hinder Nigeria Deepwater, Says Deutsche Bank
Nigerias OPEC quota and uncertainty about fiscal terms are the two factors hindering the development of Nigerias deepwater oil and gas discoveries, according to Deutsche Bank. In a report issued 5 December entitled Deepwater West Africa The Kraken Wakes, the bank points out that Nigerias offshore area remains relatively under explored, with only eight years of drilling yielding...
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