WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2011-07-25 Time: 20:00:02 Posted By: News Poster
By Hamisu Muhammad, With Agency Reports
The report said Nigeria, Africa’s top oil producer, surpassed Iran second-largest exporter in 2010 as security improved in the African nation and as Iran used more crude at home.
Nigeria shipped 2.464 million barrels a day last year, followed by Iran with 2.248 million barrels, according to OPEC’s Annual Statistical Bulletin published on its website. Iran’s refining capacity rose by 18 percent last year, the biggest gain among OPEC’s 12 members, the report showed
Iran Oil Minister Mohammad Ali Khatibi said, “OPEC rationing is based on production, not export, and Iran still holds the second-largest OPEC producer status and no change has happened in this regard.”
Khatibi said Iranian experts found ambiguities in some of the figures in the OPEC report and thus the experts “did not confirm Nigeria’s export increase.”
“In the report, Iran’s oil income exceeds that of Nigeria in 2010. Then how would it be possible for Nigeria’s oil income to be less than that of Iran despite having boosted its exports?”
OPEC report said energy companies in Nigeria stepped up oil output as militant attacks on installations in the Niger Delta dropped after a government amnesty to fighters in late 2009, the Department of Petroleum Resources said.
Nigeria’s oil exports rose 46 percent to 9.15 trillion naira ($59 billion) last year, the National Bureau of Statistics said in April. Attacks by armed groups in the Niger delta region cut more than 28 percent of oil production from 2006 to 2009, data compiled by Bloomberg showed.
Iran’s crude processing capacity increased to 1.741 million barrels a day, from 1.474 million, as facilities in Abadan, Arak, Tehran, Isfahan, Shiraz, Lavan and Bandar Abbas were expanded, compared with 2009, the data showed. In neighbouring Iraq, refining capacity declined.
Nigeria shipped 2.16 million barrels a day in 2009 and Iran exported 2.232 million, according to the report. Iran was OPEC’s second-biggest producer last year, supplying 3.54 million barrels. Nigeria was the seventh-largest with 2.048 million.
Saudi Arabia, OPEC’s biggest member, exported 6.644 million barrels a day of crude last year, of which 64 percent was sent to the Asia and Pacific region. It produced 8.165 million barrels, less than its 2009 output of 8.184 million barrels.
Of OPEC’s 12 members, Iraq, Qatar, Algeria, Libya, Angola and Venezuela exported less in 2010 than a year earlier. All those countries except Iraq also produced less in 2010.
OPEC production averaged 29.183 million barrels a day in 2010, an increase of less than 1 percent of the 28.927 million barrels a day it supplied in 2009, the bulletin showed.
Original Source:
Original date published: 25 July 2011
Source: http://allafrica.com/stories/201107251839.html?viewall=1