The Niger Delta Avengers (NDA) has claimed responsibility for bombing the Bonny 48-inche crude oil export line in Rivers State in Nigeria, Punch reported.
Nigeria’s oil and gas infrastructure has long suffered from militant attacks. The nation’s crude oil grades, including Bonny Light, Forcados, Brass and Qua Iboe, had been under periods of force majeure, informed the Daily Post . Accordingly, the Nigerian National Petroleum Corporation (NNPC) claimed that its subsidiary, the Nigerian Petroleum Development Company, has lost over $85m in July owing to the shutdown of the Forcados export terminal.
This attack came as the Central Bank of Nigeria (CBN) announced that the country’s federal government has earned $1.7b from oil and gas exports during the second quarter of 2016, with hopes that crude production may see further growth, as exports of Forcados crude stream oil, of about 400,000b/d, were set to resume at the end of September with a loading program in October for around 230,000b/d.