Chad threatens to turn off oil tap
Will stop production unless dispute with the World Bank over oil revenues is settled.

N'DJAMENA (Reuters) - Chad will stop its oil production from Tuesday unless it reaches an agreement with the World Bank to end a dispute over the use of oil revenues, a government minister said on Friday.

"We will turn off the tap in a week if there is no agreement with the World Bank," Human Rights Minister Abderamane Djasnabaille told a news conference after a cabinet meeting. He said production would be stopped on Tuesday, April 18 at midday.

Chad ranks number 42 on the Central Intelligence Agency's list of oil producers, supplying about 225,000 barrels of the world's 79 million barrel daily output.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.