Queue at the filing station The President, Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
By Akinola Ajibade
The Federal Government is determined to end crude oil theft through the deployment of technology and additional security measures, the Minister of Information and Culture, Alhaji Lai Mohammed, has said.
The government, in a statement signed by his Special Assistant, Media) Mr Segun Adeyemi, (Media), said the Minister of Information and Culture, hinted this during a press briefing in Abuja yesterday ( Friday ) after the aerial surveillance of the Trans-Forcados oil pipeline in Rivers State.
According to him the government took the measures in order to achieve its desired objectives of tackling theft, adding that the continued campaign by the Government Security Agencies (GSAs) has led to the arrest of 210 suspects and confiscation of 20.2 million liters of AGO, 461.8 thousand liters of PMS, 843.6 thousand liters of DPK, and 383.5 thousand barrels of crude oil.
“An additional 365 illegal refining sites were destroyed, with about 1,054 refining ovens, 1,210 metal storage tanks, 838 dugout pits, and 346 reservoirs destroyed by the GSAs.We witnessed first hand a number of illegal refineries destroyed by our military in the course of our aerial surveillance,” he said.
He said many vehicles, crude mining and bunkering equipment, such as speed boats, wooden boats, trucks and tankers, have also been confiscated.
He also said private security contractors were also contracted to provide local intelligence on all illegal crude ventures happening within the region and security surveillance services for safe andseamless operations along the nation’s pipeline networks.
“The new security architecture leverages collaboration between the Upstream operators, Industry Regulators, Government Security Agencies (GSA), and Private Security Contractors (PSC),” he said.
Alhaji Mohammed said the NNPC Ltd. has now set up a Command and Control Centre for round-the-clock monitoring of petroleum operations and activities within the Nigerian Exclusive Economic Zone (EEZ), which ensures that all vessel movements within the Nigerian Exclusive Economic Zone are monitored.
“In addition, all ship-to-ship activities within the Nigerian EEZ are also monitored. Vessels without permits are flagged and escalated to
the Nigerian Navy for a prompt response. Production is also monitored end-to-end at the Command and Control Centre, from the wellhead to the export terminals,” he said.
He commended the foresight of the NNPC Ltd by investing heavily in deploying appropriate technology with capabilities beyond visual line of sight for continuous surveillance.
He said the investment in technology has become critical because the nefarious activities of vandals is causing Nigeria to lose
approximately 700,000 barrels of oil daily.
Comments
Post a Comment