A destroyed refinery By Favour Ifeoluwa & Akinola Ajibade The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks. Also, the company said 63 illegal pipeline connections were uncovered during the the weeks . The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge. According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation. It further said that two large boats, which involve
By Akinola Ajibade
Nigeria''s problems relating to pipeline vandalism, oil theft and other untoward practices may come to an end,, if the country employs idel well management strategy and remote well control the Chief Executive officer, Kenyon International West Africa, Mr Victor Ekpenyong, has said.
He spoke concluded Oloibiri Lecture Series and Energy Forum in Abuja, recently.
According to a statement signed by the firm" Public Affairs Manager, Ilechukwu Muonliyi, Ekpenyong said that oil theft is the bane of the Nigerian economy in view of the fact that the country has tried to address iit, but to avail.
He noted that the issue has resulted in the loss of revenues to the Federal Government, which relies on the production and exportation of crude oil for survival.
Ekpenyoung added thst the development has also contributed to the slate of oil spillage and its attendant environmental pollution.
According to him, the need to find s lasting solution to oil theft and other problems is imperative, due to the fact that crude oil production remains the major earnings of the government.
He said: “Since oil accounts for the major source of revenue in Nigeria, it behoves on the Federal Government to maximise its oil production by putting measures in place that will deter oil theft and vandalism.An idle well management strategy would enable a well to be decommissioned safely to protect it from being vandalized and restore an abandoned well to full potential when necessary.”
He stressed that the issue of deploying oil well management strategy and oil well remote control is key, if Nigeria' would nip the problems in the bud.
On remote well control , the Kenyon boss explained that it is a technology that can be deployed to protect oilfields facilities and environment from hazards such as blowouts.
He urged the government to integrate the idle well management strategy and remote well control to help reduce the number of emerging idle wells.
The approach he said would boost oil production which could in turn help fund and facilitate a smooth transition into clean energy.
He advocated the need for increase in Nigeria’s oil production ahead of the 2060 energy transition date the Federal Government had set for net zero emission.
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