Nigeria to export 2.01 mil b/d in June, 2.04 mil b/d in July:NNPC



Vienna (Platts)--26May2009

Nigeria crude exports including condensates are expected to exceed the
country's OPEC quota in June and July despite a wave of militant attacks in
the oil-rich Niger Delta, state-owned Nigeria National Petroleum Corp said
Tuesday.

A senior NNPC official said Nigeria will export 2.01 million b/d in June
and 2.04 million b/d in July.

Nigeria's implied OPEC output quota is 1.67 million b/d.

He said Nigeria is currently producing around 1.66 million b/d down from
1.7 million b/d last week after Chevron was forced to shut in 100,000 b/d of
output.

Chevron has started work on restoring lost output on the pipeline in the
Abiteye area of Delta state after a militant attack Sunday, the official said.

"We hope to see production restored in two or three days time," the NNPC
official said.

The official said Royal Dutch Shell's Nigerian joint venture was ramping
up Bonny Light production after finishing repairs on the damaged Trans Niger
Pipeline while Forcados output is expected to increase from 200,000 b/d to
270,000 b/d in the next few weeks.

TOTAL FIELD ATTACK REPELLED

Security forces said Tuesday they had also foiled an attempted attack on
an offshore drilling platform operated by Total.

A spokesman for the Joint Task Force, a special military outfit that
tackles unrest in the Niger Delta, said that gunmen in speedboats tried to
attack pipelines close to one of Total's platforms near the Amenam field,
offshore Rivers state.

"Their mission was to steal crude oil from the pipelines, but they met
with stiff resistance from men of the JTF," Colonel Rabe Abubakar said. "The
place has been fortified now."

Nigeria's main militant group, the movement for the emancipation of the
Niger Delta, warned that its attacks would continue.

"We will continue our cat-and-mouse tactics with [the military] until oil
exports cease completely," MEND said an e-mail.

"We borrowed a leaf from the Federal Government of Nigeria by applying
the same measure of treatment the impoverished oil bearing communities
suffered at the hands of government troops, by ensuring huge collateral
damage."

Minister of state for petroleum Odein Ajumogobia said last Thursday that
Nigeria was still losing 1 million b/d due to the Niger Delta crisis.

Nigeria-based analysts say that should the crisis escalate, it will have
dire consequences for the economy set against a background of low crude oil
prices.