Welcome to 9jaflaver

HOME | MUSICS | FREEBEAT | VIDEOS | NEWS | TECHS | JOKES | COMEDY VIDEOS | GOSPEL

Celebrity News | Education | Fashion | Football Updates | Lifestyle | Funny Photos

Call Only:- +2348143945195 or +2348114624972

You Can Email Us:- [email protected]



« | »

By Modupe Gbadeyanka Minister of Oil in Kuwait, Mr Issam Almarzooq, has disclosed that Nigeria and Libya may be asked to put a limit to their oil outputs having recorded stability in their countries lately. The two countries were exempted from the oil cut deal reached in Austria last November by members of the Organization of the Petroleum Exporting Countries (OPEC). The deal became effective from January 1, 2017 and by April this year, OPEC said the oil cut agreement was at 98 percent compliance level. According to Bloomberg, Mr Almarzooq disclosed on the sidelines of an energy conference in Istanbul, Turkey, that the two African nations may be asked to cap their crude output. Already, OPEC and non-OPEC producers have invited the two countries to a committee meeting taking place in St. Petersburg, Russia, on July 24. At the meeting, they will discuss the stability of their production. “We invited them to discuss the situation of their production,” Mr Almarzooq was quoted as saying by Bloomberg. “If they are able to stabilize their production at current levels, we will ask them to cap as soon as possible. “We don’t need to wait until the November meeting to do that,” he said, referring to the upcoming OPEC meeting scheduled for November 30. Crude oil production in Nigeria rose slightly above 2 million per barrels per day in June 2017. This was mainly because militant activities in the oil-Niger Delta region of the country was stopped after consultations with stakeholders.


By Modupe Gbadeyanka

Minister of Oil in Kuwait, Mr Issam Almarzooq, has disclosed that Nigeria and Libya may be asked to put a limit to their oil outputs having recorded stability in their countries lately.

The two countries were exempted from the oil cut deal reached in Austria last November by members of the Organization of the Petroleum Exporting Countries (OPEC).

The deal became effective from January 1, 2017 and by April this year, OPEC said the oil cut agreement was at 98 percent compliance level.

According to Bloomberg, Mr Almarzooq disclosed on the sidelines of an energy conference in Istanbul, Turkey, that the two African nations may be asked to cap their crude output.

Already, OPEC and non-OPEC producers have invited the two countries to a committee meeting taking place in St. Petersburg, Russia, on July 24.

At the meeting, they will discuss the stability of their production.

“We invited them to discuss the situation of their production,” Mr Almarzooq was quoted as saying by Bloomberg.

“If they are able to stabilize their production at current levels, we will ask them to cap as soon as possible.

“We don’t need to wait until the November meeting to do that,” he said, referring to the upcoming OPEC meeting scheduled for November 30.

Crude oil production in Nigeria rose slightly above 2 million per barrels per day in June 2017. This was mainly because militant activities in the oil-Niger Delta region of the country was stopped after consultations with stakeholders.

Businesspostng

 

Click Here To Comment On This Post

 

[Music] DJ Ecool Ft Davido – Ada

[Music] Olamide – Science Student

[Music] Yovi Ft Lil Kesh And Mayorkun – Amen (Remix)

[Music] Ayo Jay Ft Davido And Olamide – Correct G

[Music] Lil Kesh Ft Rankfiizy – Ghetto Boi

[Music] Tekno Ft Wizkid – Mama

[Music] Olamide – Enimimomi

[Music] CDQ Ft DJ Direct – Kosere

[Music] Mr Eazi – Pour Me Water

author image
About 9jaflaver owner (Mr Ejump)

Mr Ejump Is the owner/CEO of 9jaflaver, he's an economist, a loving, and friendly young man. CONNECT via:- FACEBOOK TWITTER


Posted by on July 11, 2017.

Categories: 9ja news

There is love in sharing

0 Responses

Don't Just Read A Post And Go, Comment Below To Make The Post Lively

Do You Have Something To Say? Comment In The Box Below

Your Name Below

NOTE:- After Dropping your comment, keep calm, it will take 10 Seconds before it appears.

« | »


Hottest Songs This Week

FOR MORE MUSICS CLICK HERE

Hottest Videos This Week

FOR MORE VIDEOS CLICK HERE

9jaflaver Music Of The Week

DJ Ecool Ft Davido – Ada

9jaflaver music of the week

DOWNLOAD HERE

Also Check Out:-

Monvic October – Come Choko

Also check out

DOWNLOAD HERE

Copyright © 2017 9jaflaver
Powered By: 9jaflaver