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Thursday 12 May 2016

Nigeria's oil output nears lowest level in 22 years

Nigeria's oil production is set to fall to its lowest level in over 22 years as Royal Dutch Shell local operation says it has shut its major pipeline following a leak. The leakage is as a result of recent attacks on oil pipelines by Niger Delta militants. Shell says it has closed its Nembe crude trunk line which carries all of Nigeria's crude.

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