Friday 27 May 2016

NIGER DELTA MILITANTS BOMB CHEVRON’S ESCRAVOS PIPELINE

Another Chevron pipeline blown yesterdayAnother setback hit the nation’s oil production yesterday as the militant group, Niger Delta Avengers (NDA), blew up a facility belonging to Chevron Nigeria Limited (CNL), the main gas pipeline which provides electricity to the Escravos tank farm in Delta State.

The nation’s crude oil output has already been reduced by 31 per cent this year to about 1.4 million barrels per day (bpd), against the 2.2 million bpd estimated in the 2016 budget, the lowest in 22 years.

Read moree @ The Guardian

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