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International Edition |  MEMBER SERVICES The Web    CNN.com        Home Page   World   U.S.   Weather   Business    Sports    Politics   Law   Technology   Science & Space   Health   Entertainment   Travel   Education   Special Reports SERVICES   Video   E-mail Newsletters   Your E-mail Alerts   CNNtoGO   Contact Us SEARCH Web CNN.com Nigeria reaches cease-fire with rebels From Jeff Koinange CNN A rebel stands where a house was destroyed in air raids in Orusangama, Nigeria, last week. LAGOS, Nigeria (CNN) -- The Nigerian government has signed a cease-fire with three rebel groups that had been targeting foreign oil companies and their workers in the Niger Delta region, government officials said Friday. The rebel groups, including the Niger Delta People's Volunteer Force, agreed to immediately cease hostilities and to immediately begin disarming, the Nigerian government said. The rebels also agreed to rescind all threats to foreign oil companies and their workers. The groups had been responsible for numerous attacks on foreign oil workers over the past few months. The agreement also provided a framework for continued negotiations with the rebels, the government said, and those talks will look at rehabilitating the Niger Delta region. Nigeria was the fifth largest exporter of crude oil to the United States and seventh largest exporter in the world in 2003, according to the U.S. Department of Energy. A majority of Nigeria's oil reserves are in the Niger River delta, the DOE said. Nigeria, a member of the Organization of Petroleum Exporting Countries, exported an average of 2.3 million barrels of oil per day in 2003, according to OPEC's Web site. For the first time Friday, oil prices in New York closed above $50 a barrel, primarily on concerns over the situation in Nigeria. Story Tools Click Here to try 4 Free Trial Issues of Time! Iraqi forces raid Ramadi mosques • Landmine kills aid workers in Sudan • Al Qaeda suspects 'disappeared' • Poll: White House race a dead heat High Court to hear Ten Commandments appeals • Iraqi forces raid Ramadi mosques • Edwards mocks Bush for not naming mistakes • LeTourneau says she and ex-student engaged   ALL AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY International Edition Languages --------- Spanish Arabic German Japanese Korean Turkish CNN TV CNN International Headline News Transcripts Preferences About CNN.com SEARCH    The Web    CNN.com      © 2004 Cable News Network LP, LLLP. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines. Contact us. All external sites will open in a new browser. CNN.com does not endorse external sites. Denotes premium content.

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