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NNPC: We Recorded 1, 858 Pipeline Vandalism Cases In 1year

NNPC: We Recorded 1, 858 Pipeline Vandalism Cases In 1year   The Nigerian National Petroleum Corporation on Sunday said it recorded a total of 1,858 cases of pipeline vandalism between July 2017 and July 2018. It also stated that a total of 230.35 billion cubic feet of...

Oil Sector Loses 754,000bpd To Pipeline Vandalism – NNPC

Oil Sector Loses 754,000bpd To Pipeline Vandalism - NNPC   Nigeria’s oil sector is estimated to have lost over 754,000 barrels per day (bpd) in February, to production shut-in occasioned by pipeline vandalism, according to the latest monthly financial report of the Nigerian National Petroleum Corporation...

NNPC Loses N18.56bn To Sabotage In One Month

The Nigerian National Petroleum Corporation, NNPC, has lost a total sum of N18.56billion monthly as indicated in a latest report from the corporation. In  its July 2017 monthly financial and operations report revealed that the corporation lost a whopping N14.25billion to vandalism of its facilities...

Vandalism: NNPC Halts Petrol Supply to Depots

The Nigerian National Petroleum Corporation has stopped pumping Premium Motor Spirit (petrol) to its depots in a bid to avoid losses that arise from the incessant rupturing of pipelines that convey products to the various facilities. It was learnt that the corporation had also devised...

Nigeria Loses N13bn To Oil Theft, Vandalism In One Month

Nigeria has lost N12.566 billion in one month due to petroleum products theft and vandalisation of the facilities of the Nigerian National Petroleum Corporation, NNPC. Giving a breakdown of the losses, the NNPC, in its Monthly Financial and Operations Report for March 2016, disclosed that...

Nigeria’s Electricity Output Falls to 2,800MW — NERC

The Nigerian Electricity Regulatory Commission (NERC) has said that power supply through the national grid which peaked to 5000mw in past two weeks had dropped below 2,800mw due to vandalism. Anthony Akah, the Acting Chief Executive Officer of the commission disclosed this while signing a...