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Shell Suffers Production Losses Out Of Disorders

Four Shell oil workers in Nigeria were kidnapped, pipeline was exploded

Shell Suffers Production Losses Out Of Disorders

Royal Dutch Shell has cut its Nigeria oil output by 106,000 barrels a day (10% )after a pipeline explosion and the kidnapping of four foreign oil workers.

The company's shares fell by 0.9%, or 16p, to 18.35 pounds in morning trading.

Kidnappings and pipeline explosions are common in the Niger Delta region, where local groups complain they do not see the benefits of the area's oil wealth.

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