Caracas, September 27, 2000 (Press Office of the II OPEC Summit)
The President of the Republic of Nigeria, Olusegun Obasanjo, attending the II OPEC Summit, today urged members of OPEC not to be preoccupied with the U.S. release of 30 million barrels from its Strategic Petroleum Reserve, because this amount of oil could be replaced in a short time.
Meeting with Venezuelan President Hugo Chávez, President Obasanjo reported that a high-level delegation from Nigeria will remain in Venezuela following the Summit to meet with their Venezuelan counterparts on themes of interest to both nations. Later, a Venezuelan delegation will visit Nigeria to continue these talks.
Source: OPEC/press releases