Search

 

Cablegate: Nigeria to Abide by Opec Quota, Enact Production

This record is a partial extract of the original cable. The full text of the original cable is not available.

160540Z Dec 04

UNCLAS LAGOS 002516

SIPDIS

SENSITIVE BUT UNCLASSIFIED - HANDLE ACCORDINGLY

STATE FOR AF/W
STATE FOR CA/OCS/FROBINSON
STATE FOR EB/ESC/IEC/ENR/BLEVINE
STATE FOR DS/IP/AF
STAT FOR INR/AA
STATE PASS DOE FOR DAS JBRODMAN AND CGAY
STATE PASS TREASURY FOR ASEVERENS AND SRENENDER
STATE PASS DOC FOR PHUPER
STATE PASS TRANSPORTATION FOR MARAD
STATE PASS USAID FOR GWEYNAND AND SLAWAETZ

E.O. 12958: N/A
TAGS: EPET ECON NI
SUBJECT: NIGERIA TO ABIDE BY OPEC QUOTA, ENACT PRODUCTION
CUTS


GON Indicates it Will Abide by OPEC Production Cuts
--------------------------------------------- -------

1. (SBU) Alhaji Jafaru Paki, Special Assistant to the
President on Petroleum, confirmed to Energy Off on 14
December that the GON intends to abide by OPEC's request to
"maintain discipline" with respect to OPEC quotas. Paki
demurred from characterizing this as a "production cut."
However, complying with the current OPEC production ceiling
of 2.224 million barrels/day will entail a reduction of
between 150,000 and 200,000 barrels/day. Major energy firms
contacted by Energy Off had not yet received instructions
from the GON or the Nigerian National Petroleum Corporation
(NNPC) to reduce production.
BROWNE

© Scoop Media

 
 
 
World Headlines

 


UN: Pope's Visit To Iraq "A Symbol Of Hope"

The visit by Pope Francis to the northern Iraqi city of Mosul at the weekend will be a symbol of hope and an opportunity to join forces for peace and unity, the UN cultural agency, UNESCO, said on Thursday, ahead of his touchdown in the capital, Baghdad... More>>

Myanmar: Military Must Stop Murdering And Jailing Protestors – Bachelet

UN High Commissioner for Human Rights Michelle Bachelet on Thursday said security forces in Myanmar must “halt their vicious crackdown on peaceful protestors,” following another day of deadly violence across the country on Wednesday... More>>

Syria: Economic Decline, Rising Hunger And Surging Humanitarian Needs

Syria’s fragile economy has “suffered multiple shocks” over the past 18 months, with its currency plummeting and joblessness swelling as people struggle to cover their basic needs, the UN Emergency Relief Coordinator told the Security Council ... More>>


Focus On: UN SDGs


Podcast: A UN Top Official’s Inspiring Journey To Leadership

UN Under-Secretary for Global Communications Melissa Fleming speaks to Agnes Kalibata, the Special Envoy to the 2021 Food Systems Summit, about her journey as a woman leader – from growing up as a Rwandan refugee in Uganda to becoming Rwanda’s Minister of Agriculture and now a top official at the United Nations... More>>

UNFCCC: Greater Climate Ambition Urged As Initial NDC Synthesis Report Is Published

UN Climate Change today published the Initial NDC Synthesis Report, showing nations must redouble efforts and submit stronger, more ambitious national climate action plans in 2021 if they’re to achieve the Paris Agreement goal of limiting global temperature rise by 2°C—ideally 1.5°C—by the end of the century... More>>


2021: Critical Year To ‘reset Our Relationship With Nature’ – UN Chief

During this time of “crisis and fragility”, the UN chief told the United Nations Environment Assembly on Monday that human well-being and prosperity can be vastly improved by prioritizing nature-based solutions. Painting a picture of the turmoil ... More>>