“We would get to a point where Nigeria, definitely, would be a major supplier of refined petroleum products. It just has to happen. Nothing else makes sense. We are also saying directly to oil companies that a time would also come when we would not be open to see them move around all the crude oil they produce in Nigeria.”
He said, “Thankfully, a breakthrough came in the form of the declaration of cooperation. This was the culmination of an extensive consultation undertaken throughout 2016 with the aim of gaining consensus about the strategic urgency of bringing this market back to balance in a collective manner.”
25 September 2016, Algiers — Informal OPEC meeting on Wednesday, in Algiers, is the result of a long process of consultations…
15 September 2016, Lagos – Even as speculation builds over whether the Organisation of Petroleum Exporting Countries will clinch an output…
06 September 2016, Lagos – Russian Energy Minister Alexander Novak said an agreement to freeze oil production levels could be…
“Our Saudi partners at the last moment changed their view,” said Putin. “We didn’t reject the idea of freezing output. Our position hasn’t changed.”
