Bloomberg: Nigeria Says Strike, Attacks Cut Oil Output in Half (Update2)
By Julie Ziegler and Dulue Mbachu
April 25 (Bloomberg) — Nigeria is losing about 50 percent of its current oil production because of a strike at Exxon Mobil Corp.’s operations in the country and militant attacks on a Royal Dutch Shell Plc pipeline, the country’s oil minister said.
Petroleum Minister of State H. Odein Ajumogobia said in an interview in Abuja that he held a meeting with union leaders today in an effort to end an oil workers union strike against Exxon Mobil’s Nigeria unit. He said he expects to hear back from the union this evening.