Douglas Buckland + 6,308 May 12, 2020 (edited) Look them up yourself! How lazy can you get! Edited May 12, 2020 by Douglas Buckland Njj Quote Share this post Link to post Share on other sites
Tojutee + 1 May 12, 2020 Hello everyone, My name is Toritseju Temisanren my friends call me Toju for short. Oil and Gas professional from Nigeria, and I'm delighted to be here 1 Quote Share this post Link to post Share on other sites
pisstol + 48 TF May 12, 2020 Hi Tojutee, I keep reading bad news about the oil industry in Nigeria. Is the theft of oil controllable or it is a cost of doing business you will always have to put up with? And I have read that the cost of production is too high in Nigeria. Is Nigeria going to go out of the oil business? Quote Share this post Link to post Share on other sites
pisstol + 48 TF May 12, 2020 An article today on oilprice.com mentions Nigeria: https://oilprice.com/Energy/Crude-Oil/7-Oil-Countries-Hit-Hard-By-The-COVID-19-Crisis.html The article says: "Oil sales contribute 90% of the country's foreign exchange earnings; 60% of the revenue and 9% of GDP. With a high fiscal breakeven of $144 per barrel, Nigeria is finding itself dire straits with IOCs needing $35-$40/barrel to break even." Quote Share this post Link to post Share on other sites
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