Reps decry rising cases of oil, gas pipelines destruction

The House of Representatives has decried the recurring destruction of oil and gas pipelines in the country. Rep. Alhassan Ado-Doguwa, Chairman of the Special Committee on Oil Theft, condemned the act at a meeting with the Nigerian National Petroleum Corporation Ltd. in Abuja. The engagement was to unravel the root cause of oil theft…The House of Representatives has decried the recurring destruction of oil and gas pipelines in the country.

“It is saddening to note that these infractions do not stop with the pipelines; daily breaches are also recorded at the oil well heads, flow stations, loading, and export terminals, among others”, he said. Mr Mele Kyari, the Group Managing Director, NNPC Ltd., said no fewer than 9000 infractions on its pipeline was recorded in one year.

“In most of these locations, they are less than a hundred meters from the settlement, some are even less than a hundred meters from the local government headquarters”, he said. NAN reports that the Federal Government says more than N4.3 trillion worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years.

The continuous drop in Nigeria’s oil production is spelling serious doom and raising concerns among stakeholders over the 2024 budget, which relies heavily on crude oil revenue.

Source: News Formal (newsformal.com)

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