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Militant group withdraws threat to attack Niger Delta oil industry | Reuters

Militant group withdraws threat to attack Niger Delta oil industry | Reuters

A militant group in Nigeria’s oil-rich southern Niger Delta on Wednesday withdrew its threat to launch attacks on oil facilities from June 30.

The New Delta Avengers are apparently named in a nod to the Niger Delta Avengers who last year crippled the OPEC member’s oil production. Crude oil sales account for two-thirds of government revenue.

The attacks last year deepened a recession in Africa’s biggest economy that was largely caused by low oil prices. The government has been holding peace talks with Niger Delta communities to end the violence and there have been no major attacks this year.

Source: Militant group withdraws threat to attack Niger Delta oil industry | Reuters