Nigeria and Angola struggle to reverse quota failures
Nigeria and Angola won’t remain the only ones to struggle. I have read of Russia having problems filling its quota. Non Oil & Gas people often believe that one just needs to drill a hole into some underground cavity and then the oil and the gas just comes out or needs to be pumped out. The truth is way more complex than this and especially oil fields need constant work and maintenance to keep them healthy. Switching them on and off as needed is often not really an option. And when demand goes down, some fields need quite some money to come back online again. Where to get that when the world is on an anti-hydrocarbon craze?
