"There is no need to do anything as things stand right now. Even though it is too early to think about a final decision, as things stand, we don't need to do anything at the Caracas meeting. The market is still on the tight side. The crude is okay on stocks but the gasoline season is coming and maybe it will create a big problem." .
An OPEC delegate discussing the upcoming meeting in Caracas, June 1.

 

  

 
"The Niger Delta problem has never affected normal gas supply to our Bonny plant. There was a period of panic late 2005 and early this year, but now we do not have gas supply problem."
A spokeswoman for Nigeria LNG telling Platts that the violence in Nigeria has not disrupted the gas supply to the Bonny Island plant.

 

 
"It is one thing to open up a market in theory, and quite another for a market to provide enough attractive opportunities for someone like Chevron, or ExxonMobil or any of the super-majors." - "In refining, it appears even clearer that China has no real interest in opening the sector up to further international involvement."
Says CSFB analyst Mark Flannery following a trip through the country in late March.

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