How pipeline vandalism reduced Nigeria’s oil production by 40% – NNPC

Group Managing Director NNPC Maikanti Baru has said about 700,000 barrels per day (bpd) of crude oil were deferred in 2016 due to pipeline sabotage.

He said this in Abuja on Wednesday in a statement by the Group General Manager, Group Public Affairs Division, 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, a reduction of about 40 per cent.

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.

(NAN)

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