OPEC
The Organization of the Petroleum Exporting Countries is an intergovernmental organization made up of twelve oil producing nations.These are Iran, Iraq, Kuwait, Qatar, Saudi Arabia, the United Arab Emirates, Libya, Algeria, Nigeria, Angola, Venezuela and Ecuador. In May 2008 Indonesia decided to leave the organization.
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March 9 (Bloomberg) -- Nigeria may seek to increase its OPEC oil production quota if output remains free from militant disruption, an official from state-owned Nigeria National Petroleum Corp. said today.
Tue, 09 Mar 2010 15:30:44 GMT
If the current relative peace in the Niger Delta is sustained and oil and gas installations remain free from militant attacks, the Federal Government may prevail on the Organisation of Petroleum Exporting Countries (OPEC) to increase Nigeria’s crude oil production quota, a top official of the Nigerian National Petroleum Corporation (NNPC) has said.
Wed, 10 Mar 2010 01:14:21 GMT
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