Nigeria Africa’s most populous nation usually sides with OPEC - TopicsExpress



          

Nigeria Africa’s most populous nation usually sides with OPEC hawks to push for higher oil prices. It recently pushed for its oil minister Diezani Alison-Madueke to become the next secretary-general of OPEC, though her candidacy was widely opposed. Oil price needed to balance fiscal 2015 budget: $122.70 Crude-oil reserves: 37 billion barrels Crude-oil production: 1.8 million barrels a day 2.1% of total world production, 5.9% of OPEC production OPEC allies: Ecuador, Iran, Venezuela, Libya, Algeria, Angola, Iraq Pictured: Nigerias Minister of Petroleum Resources and Alternate President of the OPEC Conference Diezani Alison-Madueke graphics.wsj/lists/opec-meeting?mod=e2tw
Posted on: Wed, 26 Nov 2014 10:48:10 +0000

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