Oil and Africa
Johannes.Schneider at gmx.net
Mon Jul 7 11:00:20 MDT 2003
Is oil drawing Bush to Nigeria?
By CNN's Liz George
Monday, July 7, 2003 Posted: 1559 GMT (11:59 PM HKT)
LONDON, England (CNN) -- U.S. President George W. Bush is set to visit
Africa to talk about HIV and try to settle the situation in Liberia.
But there may be one more issue on his agenda. Some are saying he's keen to
further secure U.S. oil supplies.
West Africa is currently producing about four-and-a-half million barrels of
oil a day -- a figure that is expected to rise to nearly six million by
2008, according to the energy intelligence unit.
Nigeria, one of the five country's on Bush's itinerary, is the thirteenth
largest oil producer in the world, pumping out 2.26 million barrels per day.
The biggest supplier is the United States, with 9 million, ahead of Saudi
Arabia with 8.83 million.
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