Posted on 02/19/2008 11:01:05 AM PST by HAL9000
Excerpt -
LAGOS, Feb 19 (Reuters) - A Nigerian rebel group from the oil producing Niger Delta said on Tuesday its leader, Henry Okah, was shot dead in detention in northern Nigeria.There was no immediate official confirmation.
If confirmed, news of Okah's death could spark a new round of violence in the delta, home of Africa's biggest oil industry which produces 2.1 million barrels per day. It could also derail tentative peace talks between rebels and the government.
"Disturbing reports just reaching us suggest that Henry Okah succumbed to injuries from gunshot wounds at about 0400 hours today ... at a military hospital in Kaduna state ... after he was shot in what those interrogating him claim was an 'accidental discharge'," Okah's group said in an email.
"The Movement for the Emancipation of the Niger Delta (MEND) is giving the federal government ... the next 24 hours to confirm or deny this murder rumour," the group said, threatening violence in the Niger Delta.
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(Excerpt) Read more at africa.reuters.com ...
A guy I used to work with overseas told me to never, ever, take a job working on an oil rig off of Nigeria.
I can only imagine the emails that will come out purporting to settle his estate.
Dennis Gartman will be all over this story in his morning letter!
He’s the only mainstream analyst who has focussed on the Nigerian Delta political problems and MEND, and its effect on oil pricing.
Crude is up $4 now at $100 spot, could be up another 5 or 10 by the weekend.
Will this cut down those annoying spam e-mails?
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