By Tsvetana Paraskova
Nigeria’s government has authorized a local oil company to operate a new floating crude oil export terminal off the coast of the Rivers state in the oil-rich but still troubled Niger Delta.
Belemaoil Producing Ltd has been allowed to moor a floating storage and offloading (FSO) unit and use it as a crude oil export terminal, according to a letter signed by the Director of Nigeria’s Department of Petroleum Resources (DPR), Mordecai Ladan, Nigerian media report.
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Source: oilprice.com
intel reports
Weekly Security and Risk Report 07/05/2021
Issue 279 of MAST’s weekly maritime security report highlights the fatal terrorist attacks in Mozambique, demonstrating the severity of the civil unrest in the country.
May 7, 2021 No Comments
