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Home Business News

Here are measures taken by NNPC to curb oil and gas sabotage

Chris Pemu by Chris Pemu
October 26, 2017
in Business News
Here are measures taken by NNPC to curb oil and gas sabotage

Dr. Ibe Kachikwu, Minister of State, Petroleum

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Nigeria was among countries with highest gas flare rates, but a number of Clean Development Mechanism (CDM) projects aimed at appropriate gas utilization have improved the country’s standing in this the regard.

The report gave an average gas flare rate of 10.15 per cent, which is 734.56mmscfd, for the period August 2016 to August 2017.
In the report signed by Ndu Ughamadu, Group General Manager,Group Public Affairs Division of the NNPC, it states that despite enormous challenges facing the downstream sub-sector of the Petroleum Industry, the NNPC has continued to maintain adequate products supply throughout the country.This is because of the strategic interventions by the Corporation in respect of Automotive Gas Oil (AGO) supply, revamp and re-commissioning of critical pipelines and depots across the country, as well as robust engagement with critical Downstream stakeholders, among which are Major Oil Marketers Association of Nigeria, (MOMAN), Nigerian Association of Road Transport Owners (NARTO), Petroleum Tanker Drivers Association of Nigeria (PTDAN) as well as the Independent Petroleum Marketers (IPMAN).

Measures Taken to curb oil and gas sabotage
The NNPC also disclosed that it is currently in security synergy with IOCs as part of the steps taken to stem oil and gas sabotage which involved deployment of a structured and holistic security apparatus in operational areas.

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In years past, Nigeria was among countries with highest gas flare rates, but a number of Clean Development Mechanism (CDM) projects aimed at appropriate gas utilization have improved the country’s standing in this the regard.

 

 


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Tags: gas flaringNdu UghamaduNNPC
Chris Pemu

Chris Pemu

Christopher B. Pemu has a degree in Political Science from the University of Lagos. He joined Nairametrics in 2014 as News Editor and later as Managing Editor. He currently serves as the General Manager of Nairametrics. He takes pleasure in traveling, enjoys world politics and in sport, he loves watching football and tennis.

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