Pipeline vandalism costs Nigeria 700,000 barrels of oil per day – NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that an average of 700,000 barrels per day (bpd) of crude oil was deferred in 2016 due to pipeline sabotage.
Baru said that this sabotage brought Nigeria’s production down to as low as 1.3 million barrels per day from 2.2 million barrels targeted for the period.
The NNPC GMD according to a statement from the corporation stated this in a keynote address at the maiden edition of the Nigerian International Pipeline Technology and Security Conference (NIPITECS 2017) in Abuja on Wednesday.
He said that NNPC had recorded 27 breaching incidents on the Trans Niger Pipeline (TNP), adding that for the Trans Forcados Pipeline (TFP) with a capacity of 300,000bpd, 17 breaches were recorded in 2016.