SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (59880)4/29/2006 7:58:37 PM
From: shades  Read Replies (1) of 110194
 
Nigeria Militants Warn Chinese Govt, Oil Cos: Stay Away

(haha - yellow man and white man can unify together in peace and harmony to put down black man now eh?)

LAGOS (Dow Jones)--Niger Delta militants fighting for control of oil resources Saturday warned the Chinese government and oil companies to stay away from the Niger Delta region.

"We wish to warn the Chinese government and its oil companies to steer well clear of the Niger Delta. Chinese citizens found in oil installations will be treated as thieves," the militants said in an e-mail sent to Dow Jones Newswires.


(MORE TO FOLLOW) Dow Jones Newswires

April 29, 2006 17:32 ET (21:32 GMT)

Copyright (c) 2006 Dow Jones & Company, Inc.- - 05 32 PM EDT 04-29-06

Nigeria Militants Warn Chinese Govt,Oil Cos: Stay Away -2

.

The warning came two days after Chinese President Hu Jintao ended a state visit to Nigeria, during which the two countries signed a number of bilateral agreements, including those on oil and gas.

The bilateral agreements reaffirmed the grant by Nigeria of four oil blocks to China - two located in the Niger Delta and two in the Chad Basin.

But the militants warned by investing in the oil industry, the Chinese government would be aiding the Nigerian government, which it accuses of "stealing" the resources belonging to the people of the Niger Delta.

"The Chinese government by investing in stolen crude places its citizens in our line of fire," the militants warned in the e-mail, signed by Jomo Gbomo, a leader of the Movement for the Emancipation of the Niger Delta.

In the e-mail, the militants cited a bomb attack allegedly carried out by them Saturday on some tankers taking gasoline from the Warri Refinery.

They said the car bomb was activated by cellular phone utilizing 30 kilograms of dynamite. There were no reports of casualties yet. The attack came about a week after a similar one at a military base in Port Harcourt, also in the Niger Delta, in which three people reportedly died.

"We have resolved to take our campaign out of the creeks that every Nigerian may feel the true pains of the Niger Delta peoples," the militants said in their statement.

Attacks by the militants have cut about a fifth of Nigeria's crude production, following shut-ins by companies in the areas affected by the attacks.

Militants have kidnapped and later released foreign oil workers, and blown up oil installations, including flowstations and oil and gas pipelines.

The militants have warned oil companies operating in the Niger Delta to leave or risk being attacked.

"For the errant oil companies that still choose to remain and operate in our lands and waters, we shall come like a thief in the night," the militants warned in an e-mail last week.

-By Vincent Nwanma, Dow Jones Newswires; +234-1-585-0849; vinwanma@beta.linkserve.com


(END) Dow Jones Newswires

April 29, 2006 19:30 ET (23:30 GMT)

Copyright (c) 2006 Dow Jones & Company, Inc.- - 07 30 PM EDT 04-29-06
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext