{"id":27330,"date":"2020-07-13T19:14:29","date_gmt":"2020-07-13T19:14:29","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=27330"},"modified":"2020-07-13T19:14:29","modified_gmt":"2020-07-13T19:14:29","slug":"nigeria-will-boost-its-compliance-with-opec-cuts-spa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigeria-will-boost-its-compliance-with-opec-cuts-spa","title":{"rendered":"Nigeria will boost its compliance with OPEC+ cuts: SPA"},"content":{"rendered":"<p>Africa Preass-Nigeria:<\/p>\n<p>DUBAI (Reuters) &#8211; Nigeria\u2019s oil minister said his country will raise its compliance with OPEC+ oil cuts to 100%, and will compensate for its overproduction in May and June, during the period of July-September, according to a report by Saudi state news agency SPA.<\/p>\n<p>Nigeria\u2019s Timipre Sylva, in a phone call with his Saudi counterpart, discussed the global oil markets, improvement in oil demand, and the progress made towards the full implementation of the OPEC+ pact, according to SPA.<\/p>\n<p>Saudi energy minister Prince Abdulaziz bin Salman, who heads the OPEC+ panel known as the JMMC, which monitors adherence to the cuts, has emphasized the importance for all OPEC+ countries to meet their agreed output targets under the pact to accelerate oil market rebalancing, according to the joint statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Preass-Nigeria: DUBAI (Reuters) &#8211; Nigeria\u2019s oil minister said his country will raise its compliance with OPEC+ oil cuts to 100%, and will compensate for its overproduction in May and June, during the period of July-September, according to a report by Saudi state news agency SPA. Nigeria\u2019s Timipre Sylva, in a phone call with his [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":20231,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[202,369],"class_list":["post-27330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-oil","tag-opec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria will boost its compliance with OPEC+ cuts: SPA - Nigeria<\/title>\n<meta name=\"description\" content=\"Africa Preass-Nigeria:DUBAI (Reuters) - Nigeria\u2019s oil minister said his country will raise its compliance with OPEC+ oil cuts to 100%, and will\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigeria-will-boost-its-compliance-with-opec-cuts-spa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria will boost its compliance with OPEC+ cuts: SPA\" \/>\n<meta property=\"og:description\" content=\"Africa Preass-Nigeria:DUBAI (Reuters) - 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