Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Blast rocks pipeline feeding Forcados terminal in Nigeria's Delta

Published 08/11/2016, 12:17
Updated 08/11/2016, 12:20
Blast rocks pipeline feeding Forcados terminal in Nigeria's Delta

By Tife Owolabi and Alexis Akwagyiram

LAGOS (Reuters) - A blast rocked a pipeline operated by Nigeria's state-run oil firm NNPC that feeds the Forcados terminal in the southern Niger Delta energy hub, a community leader and security source said on Tuesday.

The explosion occurred while the pipeline was being repaired following an attack last week, they said.

A week ago, community leaders from the restive region, the source of most of Nigeria's oil, met the president and asked him to pull the army out of the energy hub, order oil firms to move headquarters there and spend more on development to end militancy in the region.

A community leader said it happened at the same location as last week's attack - in Batan, near the southern city of Warri - while repairs were being carried out because "the boys claimed they were not happy" with the work.

"There was a serious fire and most people working narrowly escaped being shot by the gunmen, who opened fire on them," said the leader, who did not want to be identified.

A security official attached to Operation Delta Safe also said the attack took place.  

A spokesman for Nigerian National Petroleum Corp (NNPC) had no immediate comment.

Last week's attack forced the closure of the Trans Forcados Pipeline, the main contributor to the Forcados stream, cutting the OPEC member's oil production by at least 200,000 barrels per day).

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.