Word: nigerias
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Dates: during 1970-1979
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...only is Iraq raising its official price for long-term petroleum contracts, but it is also selling shipments on an individual basis at the even higher spot market prices. Nigeria has also reportedly made deliveries to Israel for as high as $23 per bbl., vs. the official OPEC price of $13.34. Oilmen say that Libya's purpose in reducing sales under long-term contracts is both to prop up the price and to have some additional tonnage of its own to gamble with...
...Saudi Arabia has helped to make up for the loss of Iran's oil by boosting its own output nearly 30% to some 10.3 million bbl. a day, close to the maximum that it is presently possible to pump from the Saudi fields. Iraq, Nigeria and Kuwait have also increased production somewhat. Right now, total world production is off by about 2 million bbl. a day. That is roughly equal to about 4% of global petroleum consumption, or more than enough to supply all the daily needs of Britain or Canada...
...Behind the resolution: Zambia, Kuwait, Bangladesh, Bolivia, Gabon, Jamaica and Nigeria...
...foreigners (many of them graduate students) on college and university campuses, a 15% jump over the previous year; there are even more in the U.S. today. By far the largest foreign contingent is the 36,000 or so students from Iran; other big groups come from Taiwan, Nigeria, Canada, Hong Kong, India and Japan. Soon students from China will add to the numbers...
...proven reserves?oil and gas that can be recovered with existing technology at current prices?at 20 billion bbl. This total is expected to be raised soon to about 30 billion bbl., which would make Mexico's known supplies of oil slightly larger than those of Venezuela or Nigeria, though far smaller than Saudi Arabia's 160 billion bbl. The official reckoning of the much less certain probable reserves, which might be retrieved from fields already discovered but not fully explored or developed, is about 37 billion bbl. Potential reserve estimates, like those used for the Chicontepec field, cover...