Month: October 2022

Oil Bunkering, Theft’ll End Soon – Niger Delta Youths Some Niger Delta youths under the aegis of Coalition of Organisation for Peace and Development in the Niger Delta, COPDIND, have expressed optimism of a drastic decline in crude oil theft, bunkering and other sharp practices that erode the nation’s wealth in the oil and gas industry in Rivers State. This is as the President Muhammadu Buhari-led Federal Government signs agreement with Pipeline Infrastructure Nigeria Limited, PINL, to secure oil and gas pipelines in Rivers State, which is a major hub of illegal refining of petroleum products in the Niger...

Amstrong Amadi Petroleumnewsngr.com 25-10-2022 The Nigeria Liquefied and Natural Gas (NLNG) Company has allayed concerns about a shortage of cooking gas and an increase in price following the firm’s declaration of force majeure due to flooding and disruption of supplies. Recall that floods in Rivers, Delta and Bayelsa states have disrupted the supply of the commodity, and have also forced the firm to declare force majeure. Companies like Shell Petroleum Development Company, Nigerian Agip Oil Company, and TotalEnergies, have facilities in Omoku, thereby placing these facilities at risk with the flooding in the town. According to the General Manager...

$25 billion Nigeria Morocco Pipeline Project 2023- Kyari Petroleumnewsngr.com Stephen. U.C The pipeline would be a 5,600 km project, passing through 13 African countries The Nigerian  National Petroleum Company Limited will make the final investment decision on its $25 billion, 5600 KM Nigeria-Morocco Gas Pipeline Project by 2023.  This was disclosed by Mele Kyari, CEO of NNPC Limited in an interview with Bloomberg on Monday morning. Kyari also noted that NNPC Ltd will be OPI-ready by 2023.  What he said:  Kyari noted that the gas pipeline, which is expected to pass through 13 countries on West Africa’s coast before reaching Europe through Morocco will have...

NNPC Proposes Repair of 180,000 Bpd Tnp Line in Niger Delta as Production Expects to Rise Petroleumnewsngr.com 10/10/22 Stephen U.C in Abuja   The Group General Manager of the National Petroleum Investment Management Services (NAPIMS), Mr Bala Wunti, at the weekend announced that the Nigerian National Petroleum Company Limited (NNPC) had concluded the clamping of the damaged Trans Niger Pipeline (TNP) in the Niger Delta. It is believed that with the fixing of the pipeline which hitherto had up to 90 per cent of crude oil pumped into it stolen or spilt, Nigeria’s production will be substantially ramped up....

Petroleumnewsngr.com 07-10-22 Chika Anyanwu The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari, has visited the site of the illegal crude oil pipeline. He was accompanied on the visit by the Group General Manager of the National Petroleum Investment Management Services, Bala Wunti and other top officials of the Company. Kyari, on Tuesday, when he appeared before the senate joint committees on petroleum (upstream and downstream), and gas, said the pipeline was found during a clampdown on theft in the past six weeks. The 4km illegal crude oil pipeline from Forcados terminal into...