Nigeria Loses 700,000 Barrels Of Crude Oil Daily Due To Pipeline Sabotage - NNPC

(m) at 14-09-2017 08:02AM (2 years ago)

(3756 | Gistmaniac)


Baru said the sabotage brought Nigeria’s production down to as low as 1.3 million bpd from 2.2 million barrels targeted for the period.

The NNPC said about 700,000 barrels per day (bpd) of crude oil were deferred in 2016 due to pipeline sabotage.

Dr Maikanti Baru, Group Managing Director, said this in Abuja on Wednesday in a statement by the Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu.

Baru said the sabotage brought Nigeria’s production down to as low as 1.3 million bpd from 2.2 million barrels targeted for the period.

The NNPC boss, in the statement, said Year-To-Date 2017, NNPC had recorded 27 breaching incidents on the Trans Niger Pipeline (TNP), adding that for the Trans Forcados Pipeline (TFP) with a capacity of 300,000 bpd, 17 breaches were recorded in 2016.

According to him, Year-To-Date 2017, NNPC has suffered at least 15 breaching incidents on the TFP.

He urged members of the Pipeline Professionals’ Association of Nigeria (PLAN) to conduct a systematic diagnosis of the pipelines system in Nigeria and come up with sustainable and actionable solutions to the menace of pipeline vandalism in the country.

Baru urged key players to rally round the professionals to proffer solutions to the vandalism challenge as it posed a great threat to the Nigerian economy in terms of revenue loss and environmental degradation.

”The foregoing summarises the effect of pipeline vandalism and therefore underscores the importance of protecting our pipeline system and treating them as National Assets.

”On the strength of that, we must endeavor to carry out a systematic diagnosis and proffer workable, practicable and actionable solutions that will guarantee sustainability of pipeline infrastructure,” Baru said.

He listed some of the measures deployed by NNPC to stem the vandalism to include: Horizontal Directional Drilling technology to bury pipelines deeper to prevent easy accessibility; technology-based pipeline surveillance mechanism with capability to detect, alert and deny access and aerial monitoring and marine patrols by the Military Joint Tax Force.

He said government was working out a political solution to the socially-induced-agitation sabotage while the law enforcement agencies had been empowered to deal with those who engaged in pipeline vandalism out of criminality such as oil theft.


idontno (m) at 14-09-2017 09:17AM
(360 | Upcoming)

OK! 700,000 Barrels CONVERTED to money per day then straight to Politicians bank account  Grin Grin Grin
Reply
ruthie (f) at 14-09-2017 09:20AM
(17435 | Hero)

NAWA O!
Reply
Oworen25 (m) at 14-09-2017 09:28AM
(12234 | Hero)

Then how much do they make a day
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Floyd29 (f) at 14-09-2017 10:47PM
(2158 | Gistmaniac)

We lose 700,000 barrier a day, then how much do we make a day?
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Oworen25 (m) at 14-09-2017 10:55PM
(12234 | Hero)

Where are all the money
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tegonwa (m) at 15-09-2017 06:31AM
(6582 | Gistmaniac)

Nigeria Is Boiling.Too Hopeless!Nawaa O!
Reply
yawa_don_gas (m) at 16-09-2017 05:34AM
(30456 | Addicted Hero)

Please please hold on, why e be say everywhere I take even when I wan hide yawa dey there?
Why why?
Na yawa life, yawa goes on
Reply
tegonwa (m) at 18-09-2017 08:05AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:06AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:06AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:06AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:06AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:07AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:07AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:07AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:08AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:08AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
tegonwa (m) at 18-09-2017 08:09AM
(6582 | Gistmaniac)

Just Too Bad.May God Help Nigeria.
Reply
ruthie (f) at 18-09-2017 08:41AM
(17435 | Hero)

unfortunate
Reply