Angola to overtake Nigeria as highest crude producer by 2016

Angola to overtake Nigeria as highest crude producer by 2016

According to a report by the IEA, factors that will work against Nigeria include the non-passage of the Petroleum Industry Bill, PIB, and crude oil theft.
The IEA said, “The shift will in part be due to an expected increase in production in Angola, but much of it is the result of domestic issues in Nigeria.”
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