No 48



Shell Asks Nigeria To Press For Higher Oil Output Quota

Shell Petroleum Development Company (SPDC), Nigerias leading oil producer, has asked the Abuja government to press for a higher OPEC output quota for the country. Addressing the House Committee on Petroleum on 22 November, SPDC Managing Director Ron Van de Berg said that Nigerias current quota level of 1.757mn b/d was a disincentive to the countrys joint-venture partners and could result in a drop in...