Thursday 5 February 2015

NNPC PLACES NIGERIA’S CURRENT CRUDE OIL LOSSES AT 60,000B/D

NNPC Puts Nigeria’s Current Crude Oil Losses through Vandalism at 60,000b/dThe Nigerian National Petroleum Corporation (NNPC) on Wednesday estimated that Nigeria currently loses about 60,000 barrels of crude oil and condensate per day through petroleum pipeline vandalism and sabotage.

The NNPC also said the current crude oil production capacity loss has increased in recent times due to upsurge in attacks on crude oil and gas pipelines, especially on the Escravos-Lagos Gas Pipeline (ELGP) which it disclosed was vandalised at four different break points over the last weekend.

Read more @ Thisdaylive

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