Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Ian Lewis
10 November 2016
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Nigeria's dilemma

The economy is struggling, investors are nervous and a ceasefire in the Delta seems to be over, threatening production

A ceasefire announced in August by militants in the Niger delta and higher oil prices have brought optimistic noises from Nigeria's government about raising oil output at the end of a disastrous year. Some progress is plain. But a full recovery is some way off, and threats are re-emerging. Another outbreak of violence has brought an end to the ceasefire in the Delta. The economy in such a mess that the government has mooted selling off prized oil assets-while at the same time suing the international oil firms that might buy them. The oil industry is still far from solid ground. Emmanuel Kachikwu, Nigeria's oil minister, insists output has been rising since militants from the Niger Delta Aven

Also in this section
Qatar’s Golden Pass dilemma
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
The demand destruction timebomb
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
Lessons from the crisis
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
Libya's potential goes unrealised
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search