Posted on: October 20th, 2014 by Administrator No Comments

Some stakeholders in the oil and gas industry on Friday expressed worry over the dwindling prices of crude oil in the international market.
They said in separate interviews with the News Agency of Nigeria (NAN) in Lagos that the implementation of the 2014 budget would be affected with sustained slide in the price of crude oil in the global market.
Mr Simon Adeola, Managing Partner, Energy Window Consultants, said that the 2014 budget was based on reference price of 77.5 dollars (N12,457.5) per barrel with the understanding that the volatile market could remain stable for the greater part of the year.

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