The Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru on Monday announced that the corporation could not sustain its last week record of 2.2million barrel per day (mbd) owing to the Monday attack on the Trans Niger Pipeline in Ogoniland which culminated in the loss of 150,000 barrel[s].
Asked whether the NNPC was able to sustain its last week production record, he said: “Unfortunately, we have not been able to sustain it because of challenges. As I am talking to you this morning the Trans Niger pipeline has been breached in Ogoniland and that is 150,000 barrel per day of oil has been locked up day. That has been fairly an issue in that area. And We hope we can continue at that level.”
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Source: http://thestreetjournal.org/
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March 29, 2023 No Comments
