
NNPCL discovers 83 illegal refineries, 22 suspects arrested
It had also stated that 32 illegal pipeline connections were uncovered, at the time the 52 illegal refineries were destroyed in the Niger Delta.
It had also stated that 32 illegal pipeline connections were uncovered, at the time the 52 illegal refineries were destroyed in the Niger Delta.
Then, Sanusi had accused the NNPC of withholding over $49bn which he said ought to have been paid into government coffers.
The NNPCL said the incidents were recorded as follows: 23 cases in deep blue water; 86 incidents in Western region, 141 incidents in Eastern region and 139 incidents in Central region.
Lokpobiri noted that the shortest way to tackle the issues of short supply of PMS is ensuring effective refineries.
Oil theft has resulted in the declaration of force majeure at the Bonny Oil & Gas Terminal and the shutting-in of various wells from fields that connect to the Nembe Creek Trunk Line and the Trans Niger Pipeline.
In view of the above and the government’s frequent policy reversals, there is a need to have a close look at the management of subsidy removal by the current administration.
Pavlov noted that plenty of Nigerian crude is already contracted under term agreements, so questioned how Dangote will be able to secure enough feedstock.
On completion, the NNPCL said the GIPP Project will generate an average of 10.3 million Megawatt hours (MWh) of electricity per year
Dakolo faulted the government’s current approach to fighting oil theft.
This facility aims to reduce the largest black nation’s reliance on fossil fuel, particularly petrol, as Nigeria moves into a post-subsidy era.