OIL SUMMIT: Nigeria Oil Output At Lowest In 25 Yrs -Official
JEDDAH, Saudi Arabia -(Dow Jones)- Nigeria is pumping oil at its lowest level in 25 years, following militant rebel attacks on facilities in recent days operated by Royal Dutch Shell PLC (RDSB) andChevron Corp. (CVX), a senior Nigerian oil official said Sunday.
Nigeria, which has in recent months been overtaken by Angola as Africa’s biggest oil producer, is now estimated to be producing oil at between 1.2 million and 1.5 million barrels a day, the oil official told Dow Jones Newswires, the lowest level since around 1983.
“Things are very bad now in Nigeria,” he said on the sidelines of a major oil summit here between producers and consumers.
The country’s volume of marketable oil held back from such attacks is now between 900,000 and 1 million barrels a day, the official added.
U.S. oil company Chevron Saturday became the second oil major in as many days to confirm that it has been forced to shut in production at a Nigerian oil production facility, after militants attacked a pipeline late Thursday.
Nigeria’s Oil Minister Odein Ajumogobia conceded Friday that the country’s oil sector had received a beating from a spate of militant attacks, adding that a peace summit in July would help quell unrest.
Nigerian President Umaru Yar’Adua called the summit and is expected to include representatives of several militant groups. “We’ve had some unfortunate incidents but we’re hopeful that things will improve with dialogue and the Peace Summit,” Ajumogobia told Dow Jones Newswires Friday.
Among those incidents: Shell declared force majeure Friday on exports from its 225,000 barrels-a-day Bonga offshore crude oil field in Nigeria, after an attack by Nigeria’s leading rebel group, the Movement for the Emancipation of the Niger Delta.
-By Spencer Swartz, Dow Jones Newswires; +44 27 842 9357; spencer.swartz@ dowjones.com
(END) Dow Jones Newswires 06-22-08 0609ET Copyright (c) 2008 Dow Jones & Company, Inc.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
