NO. 32



Nigeria Cuts Oil Production By 180,000 B/D, Says Asiodu

Mr. Philip Asiodu, the Nigerian Secretary of Petroleum Resources, toldjournalists in Lagos on 30 April that his country has cut its oil production by180,000 b/d during the past two months in conformity with OPEC decisions. Mr.Asiodu said that Nigeria had cut production by 110,000 b/d in March and afurther 70,000 b/d in April in order to meet its OPEC quota of 1.78mn b/d. MEESestimates put Nigerian production...