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Associated Press: OPEC Meets in Nigeria Under the Shadow of Militant Attacks on Oil Industry

Dulue Mbachu
December 12, 2006 – 2:05 p.m.

(AP) – LAGOS, Nigeria — The West African host of this week’s OPEC meeting has seen its oil industry hobbled by militant attacks and pipeline sabotage, making Nigeria a reminder of the vulnerabilities of world supplies as the cartel prepares to discuss production quotas.

OPEC was meeting for the first time in Nigeria, which currently holds the cartel’s presidency. A small OPEC delegation visited the country in 1972, but a spokesman for Nigeria’s oil ministry, Levi Ajuonuma, said the West African country had never hosted a general meeting of the organization.

Leading up to Thursday’s meeting, leaders from various OPEC nations are sending mixed signals on the need for reducing output.

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