LOCAL AFRICAN REALITY

LOCAL AFRICAN REALITY

Breaking

Oil pipelines under attack - NNPC raises alarm


The Nigerian National Petroleum Corporation (NNPC), has raised alarm over attacks on oil pipelines. The corporation disclosed this in its Monthly Financial and Operation Report (MFOR) for the month of June released in Abuja, on Sunday.

It said that 1.76bn litres of Premium Motor Spirit (PMS), also known as petrol was supplied in June.

On pipeline vandalisim, the report revealed that there was 77 per cent rise in cases of oil pipeline vandalism in its network of pipeline infrastructure across the country in the month under review.

According to the report, 106 pipeline points were breached, representing an increase from the 60 points vandalized in May 2019.


It further explained that the Aba-Enugu axis in the system 2E pipeline corridor accounted for 25 per cent of the total pulverized points, while the Lagos Atlas Cove-Mosimi axis of the system 2B had 23 per cent of the compromised pipeline points.

It noted that the Ibadan-Ilorin leg of the System 2B pipeline accounted for 18 per cent of affected lines, followed by the PHC-Aba section of the system 2E which was responsible for 13 per cent of the affected pipeline,.

“Other areas accounted for the remaining 21 per cent of cumulative line breaks ” it said.
It added that in spite of the wanton breaches of it critical pipeline network during the period, the corporation had ensured continuous fuel supply and effective distribution across the country during the month under review.


In the gas sub-sector, the report disclosed that 223.98billion Cubic Feet (BCF) of natural gas was produced in the month under review.

This, it said translated to an average daily production of 7,466.09million Standard Cubic Feet Per Day (mmscfd).

“Period-to-date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and NPDC contributed about 68.93 per cent, 21.34 per cent and 9.74 per cent respectively, to the total national gas production,” it said.(Dailypost)

No comments:

Disclaimer
Most News articles reported on LOCAL AFRICAN REALITY are a reflection of what is published in the media. LOCAL AFRICAN REALITY is not in a position to verify the accuracy of daily news articles, however, we ensure that only news articles from credible sources are reflected in this service. Independent opinions which are mailed to us may also be published from time to time at our discretion, however the sources for these independent articles will be clearly stated.


Share your story with us: SMS: +23409067561649, Whatsapp: +2349067561649, Email: localafricanreality@gmail.com or qubesentertainmentmagazine@yahoo.com
Receive Alerts on: Whatsapp: +2349067561649, Twitter: @localafricanr