Connect with us

News

NNPC Ltd Declares State Of Emergency On Crude Oil Production

Published

on

NNPC Ltd Declares State Of Emergency On Crude Oil Production

  • Calls For Collaboration To Reduce Production Cost

By: Olufemi O. Soneye

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.

Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition (NOG Energy Week) in Abuja, on Tuesday.

“We have decided to stop the debate. We have declared war on the challenges affecting our crude oil production. War means war. We have the right tools. We know what to fight. We know what we have to do at the level of assets. We have engaged our partners, and we will work together to improve the situation,” the GCEO declared.

According to him, a detailed analysis of assets revealed that Nigeria can conveniently produce two million barrels of crude oil per day without deploying new rigs, but the major impediment to achieving that remains the inability of players to act in a timely manner.

He said the “war” will help NNPC Ltd. and its partners to speedily clear all identified obstacles to effective and efficient production such as delays in procurement processes, which have become a challenge in the industry.

On medium to long-term measures aimed at boosting and sustaining production, Kyari said NNPC Ltd. would replace all the old crude oil pipelines built over four decades ago and also introduce a rig sharing programme with its partners to ensure that production rigs stay in the country for between four and five years which is the standard practice in most climes.

He called on all players in the industry to collaborate towards reducing the cost of production and boosting production to target levels.

He expressed the Company’s commitment to investing in critical midstream gas infrastructure such as the Obiafu-Obrikom-Oben (OB3) and the Ajaokuta-Kaduna-Kano gas pipelines to boost domestic gas production and supply for power generation, industrial development and economic prosperity of the country.

On Compressed Natural Gas (CNG), Kyari observed that NNPC Ltd. has since keyed into the Presidential CNG drive, adding that in conjunction with partners such as NIPCO Gas, NNPC Ltd. has built a number of CNG stations, 12 of which will be commissioned on Thursday in Lagos and Abuja.

The opening ceremony of the NOG Energy Week also saw goodwill messages and keynotes presented by the Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais; Secretary General of the Gas Exporting Countries Forum (GECF), Engr. Mohamed Hamel; Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo; Special Adviser to the President on Energy, Ms. Olu Verheijen as well as the Chairman, Independent Petroleum Producers Group (IPPG), Mr. Abdulrazaq Isa.

NNPC Ltd. is the Principal Sponsor of 2024 NOG Energy Week Conference & Exhibition which has as its theme “showcasing opportunities, driving investment and meeting energy demand.”

NNPC Ltd Declares State Of Emergency On Crude Oil Production

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Reverend Dachomo insist “I was a notorious criminal in this village, a drug cartel… but I found Jesus”

Published

on

Reverend Dachomo insist “I was a notorious criminal in this village, a drug cartel… but I found Jesus”

By: Zagazola Makama

Rev. Ezekiel Dachomo, has again recounted his past life of crime and subsequent spiritual transformation, attributing his change to his Christian faith.

Dachomo made the disclosure during a religious gathering, where he shared his personal testimony of repentance and renewal.

“I was a notorious criminal in this village, a drug cartel in this village, a wanderer in this village. That is my testimony,” he said.

The pastor also claimed involvement in criminal activities in his earlier years.

“When I say 1980, it is our gang that robbed a bank, and the person that led that operation is my best friend,” he said.

He explained that his life took a new direction after he embrace Jesus during the robbery.

“When I submitted myself to Jesus, who is my Saviour, I allowed Him to control my life, and Jesus forgave my sin. I am a new person in Christ Jesus,” he said.

However, Dachomo has come under relentless attacks with many asking the authorities to investigate his confession and prosecuting him for his past criminality.

They accused him of infighting fire in the already existing crises between farmers and herders in the state especially when he was openly heard asking the youths to go to WAR.

Reverend Dachomo insist “I was a notorious criminal in this village, a drug cartel… but I found Jesus”

Continue Reading

News

Troops foil cattle rustling, recover 84 livestock in Kaduna

Published

on

Troops foil cattle rustling, recover 84 livestock in Kaduna

By: Zagazola Makama

Troops of Operation Hadin Kai have foiled a cattle rustling attempt and recovered 84 livestock in Igabi Local Government Area of Kaduna State.

A military source said the operation was carried out by troops of 4 Division Demonstration Battalion deployed at the Forward Operating Base (FOB) Dumbi.

The source disclosed that the troops responded at about 5:30 a.m. on March 27 to credible intelligence on cattle rustling activities at Pan Daudu settlement.

“Following the information, troops swiftly mobilised and laid ambush at a suspected crossing point between Lamban Zango and Monday Market in Igabi Local Government Area,” the source said.

He added that the suspected rustlers, on approaching the ambush site, abandoned the livestock and fled the scene.

“The terrorists, upon sighting the troops’ position, fled in disarray, abandoning 84 rustled livestock,” he said.

According to him, the recovered animals were subsequently handed over to their rightful owners.

Troops foil cattle rustling, recover 84 livestock in Kaduna

Continue Reading

News

Troops arrest 14 suspects in cordon-and-search operation in Borno

Published

on

Troops arrest 14 suspects in cordon-and-search operation in Borno

By: Zagazola Makama

Troops of Sector 1, Operation Hadin Kai, have arrested 14 suspects during a cordon-and-search operation in Bama Local Government Area of Borno.

Sources said the operation, conducted by troops of 21 Special Armoured Brigade, followed credible intelligence on the activities of a suspected terrorist and kidnapper identified as Baba Ali.

The sources disclosed that the operation took place at about 2:20 p.m. on March 25 at Ngurosoye village, where the suspect was being tracked through intercepted communications.

During the operation, troops apprehended 14 suspects at the location where the tracked calls were received.

Two bags of fertiliser, suspected to be for illicit use, were also recovered from the scene.

The suspects are currently in military custody for further investigation and necessary action.

Troops arrest 14 suspects in cordon-and-search operation in Borno

Continue Reading

Trending

Verified by MonsterInsights