How do you expect the Organisation of the Petroleum Exporting Countries (OPEC) agreement from 2016 to impact oil revenues?
How do you expect the Organisation of the Petroleum Exporting Countries (OPEC) agreement from 2016 to impact oil revenues?
As Africa’s largest oil producer, Nigeria is a key member of the Organisation of the Petroleum Exporting Countries (OPEC) and the world’s fourth-largest exporter of liquefied natural gas (LNG). In addition to being a traditional heavyweight in terms of output, Nigeria’s energy sector is also notable for its early success in building local...
Long one of the top two crude exporters in Africa, Nigeria’s gas output has also served as a source of increasing revenue. However, changes are afoot in both segments as a result of the shifting global crude trade patterns and the rising levels of domestic consumption, which may in turn have long-term implications for the country.
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