A rising target!

[Danny Kennedy <dannyk@igc.apc.org>]

  >
  >CHEVRON TO INCREASE NIGERIA OIL OUTPUT
  >
  >U.S. energy giant Chevron  plans to increase oil production in Nigeria and
  >Angola by 50 percent to 600,000 barrels a year in each of the countries
  >over the next three to five years, company officials said yesterday. 
  >``Both Angola and Nigeria have the possibility to increase output from the
  >current 400,000 barrels of oil a day in each of the two countries to
  >600,000 over the next three to five years,'' Chevron Nigeria Limited
  >Chairman George Kirkland said. ``We are looking at increasing it by 50
  >percent in Angola and Nigeria as well,'' he said. ``Africa is key to us. Of
  >Chevron's overseas operations, Africa contributes 20 to 25 percent in terms
  >of revenues,'' Warner Williams, international relations manager for the
  >Chevron companies, said. He said in Angola, Chevron planned to invest $2
  >billion in the next three years to boost its business in the southern
  >African country, which is struggling to recover from nearly 20 years of
  >civil war. Chevron Oil (Democratic Republic of the Congo) Director-General
  >Philip Scully said the company was investing between $60 and $100 million a
  >year in the Democratic Republic of the Congo in explorations.
  >________________________
  >Steve Kretzmann
  >project underground
  >
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  >510-705-8983 - fax
  >
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  _____________
  Danny Kennedy
  Project Coordinator
  
  project underground
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  USA
  
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