• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Niger-Delta Militants Blow Up A Seawater Pipeline, 15% of Nigeria’s Crude Output At Risk

Editor by Editor
March 4, 2016
in Business News
Niger-Delta Militants Blow Up A Seawater Pipeline, 15% of Nigeria’s Crude Output At Risk
Share on FacebookShare on TwitterShare on Linkedin

A sub-sea pipeline in the Niger-Delta has been attacked by militants which could threaten Nigeria’s crude oil output.

According to Reuters, the attack was branded as sophisticated, with diplomats and security experts saying that the attack showed a level of skill and inside intelligence rarely seen since the 2004-2009 insurgency, which at its height halved Nigeria’s oil output of around 2 millions barrels a day.

“This was an attack that required knowledge of the area and sophisticated equipment,” said a Western security source, asking not to be named. “There were underwater attacks before but none recently. The oil firms are really worried there will be more.”

This underwater pipeline attack is expected to cut Nigeria’s crude oil output by as much as 15%, which poses a significant problem for the President Buhari led administration, who are grappling to cope with the reduction in oil revenues due to falling oil prices.

RelatedStories

Army destroys 18 illegal refineries in Rivers, Bayelsa, others 

Army destroys 18 illegal refineries in Rivers, Bayelsa, others 

February 24, 2025
Shell reports another oil spill in Niger Delta; over 130 spills in 2024 

Shell reports another oil spill in Niger Delta; over 130 spills in 2024 

February 5, 2025

The swampland’s oil provides 70 percent of state income but, like much of the rest of Nigeria, the region has never seen much development. Its roads are pot-holed and villages polluted from oil spills.

The strike came a month after authorities issued an arrest warrant for former militant leader Government Ekpemupolo, better known as Tompolo. Earlier in January, a gas pipeline in Warri South-West Local Government Area, Delta State conveying gas from Escravos–Warri-Lagos-Abuja, was blown up by suspected Ex-Militants.

This latest strike may not be totally unconnected to the former militant leader, Government Ekpemupolo, popularly known as Tompolo, barely a month after the government issued a warrant for his arrest. A security official said Tompolo’s men were probably behind the sub-sea attack, while activists say it could have been the work of other ex-rebels frustrated about the region’s poverty.

As at press time, no group has claimed responsibility for this attack.

Tags: Niger Delta
Editor

Editor

Related Posts

Army destroys 18 illegal refineries in Rivers, Bayelsa, others 
Energy

Army destroys 18 illegal refineries in Rivers, Bayelsa, others 

February 24, 2025
Shell reports another oil spill in Niger Delta; over 130 spills in 2024 
Energy

Shell reports another oil spill in Niger Delta; over 130 spills in 2024 

February 5, 2025
NDDC to continue distribution of solar-powered streetlights in Niger Delta to improve Security
Energy

NDDC to continue distribution of solar-powered streetlights in Niger Delta to improve Security

January 3, 2025
Budget

2025 budget: Sport, Niger Delta, Arts ministries get N126.91 billion allocations amid restructuring 

December 20, 2024
Another oil spill occurs at Shell terminal in Niger Delta 
Energy

Another oil spill occurs at Shell terminal in Niger Delta 

December 16, 2024
Chevron Nigeria Limited
Energy

Chevron Nigeria announces new oil discovery in the Niger Delta 

October 18, 2024
Next Post
Customs: Here Is How Much Seme  Area Command Generated For FG In February

Customs: Here Is How Much Seme Area Command Generated For FG In February

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Nigeria set to contribute $100 million to ECOWAS Bank to boost regional development 
  • Trump strips Harvard University of right to enroll international students in the US 
  • Ebonyi State launches free health insurance enrollment for HIV patients 

Follow us on social media:

Recent News

ECOWAS Bank issues N175 billion bonds to boost economy of West African countries

Nigeria set to contribute $100 million to ECOWAS Bank to boost regional development 

May 23, 2025
U.S. government threatens to strip Harvard University of right to enroll foreign students 

Trump strips Harvard University of right to enroll international students in the US 

May 23, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics