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Chevron ends search for crude in north

    ABIDJAN

    US oil giant Chevron has suspended oil exploration in northern Nigeria after a discouraging six-year search, ‘The Guardian’ reported on Monday quoting a company official.

    Other partners in the exploration, the Anglo-Dutch company Shell and France’s Elf, were also considering closing operations in the area, AFP added. Chevron has spent some US $18 million in the area, the Benue trough, which comprises the states of Bauchi, Taraba and Plateau, the media reported.

    Nigeria, a major oil exporter, produces some two million barrels a day.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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