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Shell Nigerian onshore oil output heavily down

Reuters

Tue Oct 13, 2009 7:13am EDT

LONDON, Oct 13 (Reuters) – Royal Dutch Shell’s (RDSa.L) onshore oil output in Nigeria has been heavily curtailed by violence, the company’s chief executive said on Tuesday.

“We have a huge proportion of our onshore production shut in at this stage,” Peter Vosel told reporters. “I think we are now at 120,000 barrels per day and we used to be close to 300,000. These are Shell’s share (production).”

Violence in the Niger Delta, where Shell has long been a dominant player, has declined significantly since President Umaru Yar’Adua offered an unconditional pardon to militants in June. Activists say peace will only last if work can be found fast for those who have disarmed. [ID:nL5719632]

(Reporting by Daniel Fineren; writing by James Jukwey)

REUTERS ARTICLE

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