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ANALYSIS: Nigeria losing ground in changing oil world

ABUJA (Reuters) - Nigeria will earn less for its oil and struggle to replace reserves unless it can end years of industry stagnation, at a time its biggest customer is becoming self-sufficient and African rivals are boosting supplies. A domestic energy boom in the United States has already sharply cut demand for Nigerian oil, while legal uncertainty, political wrangling, corruption and ...
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Added February 25, 2013
from Yahoo Nigerian News