Production

Eni denounces the loss of production due to the explosion of the Bayelsa gas pipeline

The federal government says continued efforts by security agencies have led to the confiscation of more than 20.2 million liters of illegally refined automotive gasoline oil (AGO), otherwise known as diesel.
Information and Culture Minister Lai Mohammed revealed this in Port Harcourt during an aerial survey of illegal refining sites and hotspots along the Nembe Creek Main Line and the right-of-way of the Trans-Niger pipelines on Friday.
Mohammed said more than 210 suspects were arrested in his efforts to tackle crude oil theft in the Niger Delta region, lamenting that the activities of vandals and economic saboteurs have severely affected the country’s crude oil production .
The minister said more than 461,000 liters of Premium Motor Spirit, 843,000 liters of dual-purpose kerosene and 383,000 barrels of crude oil were also confiscated.
He said an additional 365 illegal refining sites had been destroyed, with around 1,054 refining furnaces, 1,210 metal storage tanks, 838 pits and 346 tanks also destroyed.
“Since the post-pandemic recovery in crude oil prices, Nigeria has been unable to meet its OPEC production quota, which has hurt the Nigerian economy.
“Due to the nefarious activities of vandals, Nigeria has lost production of approximately 700,000 barrels of oil per day. large volumes in transit.
“Terminal revenue has been steadily declining, leading to decisions such as force majeure declared at the Bonny Oil and Gas Terminal in March 2022,” he said.
The Minister also disclosed that NNPC Ltd has implemented a new security architecture to serve as a robust response to detect, deter and respond to vandal activities.
He said the security architecture leveraged collaboration between upstream operators, industry regulators, government security agencies and private security contractors.
He further stated that the command and control center of NNPC Ltd. had been set up to monitor around the clock oil operations and activities in the Nigerian Exclusive Economic Zone.
According to him, all vessel movements within the Nigerian Exclusive Economic Zone as well as all ship-to-ship activities within the same zone are now monitored.