ENI’s Production in Nigeria Cut Short by 65,000bp/d

ENI’s Production in Nigeria Cut Short by 65,000bp/d

Two oil firms operating in Nigeria said they lose 140,000bp/d due to recent attacks on their facilities by militants. The attacks by a militant group, believed to be the Niger Delta Avengers (NDA), caused the loss, according to Eni and Aiteo from their oilfields in Bayelsa. At about $48 per barrel, an estimated $6.72m  daily is lost by the two operators due to the attacks, Premium Times reported.

A spokesperson for the Italian company ENI, the parent company of Nigerian Agip Oil Company (NAOC), said the oil firm’s production had been cut short by 65,000bp/d following the last attack on its pipeline in Bayelsa, All Africa reported. “There is no further impact on production, since all production from the swamp area has already been stopped days ago,” he added.

News Agency of Nigeria (NAN) recalls that earlier attacks in the oilfield on May 18th and 24th resulted in shutdown of some 5,200 barrels of the Eni’s equity share of oil output.

Also, Aiteo, operator of the Nembe Creek Trunk Line, said the line was shut after it came under attack on May 28th by militants believed to be members of the Niger Delta Avengers. The line conveys crude to the Bonny export terminal. The spokesperson for Aiteo, Shola Omole, said some 75,000 bp/d production was deferred as the line remained shut.

Furthermore, although figures from Shell Petroleum Development Company, SPDC, could not be obtained, the oil firm had placed its oil exports from Bonny export terminal under force majeure.


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