It said it resorted to importation as local supply challenges hindered the new $20 billion refinery’s push to reach full refining capacity.
Browsing: crude oil
The operation was carried out by the Forward Operating Base (FOB) in Igbokoda.
Ekpemupolo stated this when he played host to the national leadership of the Nigerian Bar Association on Tuesday in Delta State.
The board and management of NNPCL announced the new highs in a statement made available to the media on Thursday.
The group said Nigeria is complicit in the crime against humanity being committed by Israel as long as it continues to supply crude oil to it.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the sale of the products in Naira commenced on October 1, 2024.
The former national newspaper Editor said this on a Channels Television programme: “Politics Today.” on Thursday.
The Spokesman, Rivers State NSCDC Command, Olufemi Ayodele, announced this in a statement in Port Harcourt.
The company made this development known in a statement it issued on Sunday in Lagos State to newsmen.
This, he noted, could happen if immediate measures were not taken to address current low production levels.
Nwoko said this while speaking with the News Agency of Nigeria in Abuja.
He stressed that destroying what should be used as evidence for crime committed did not make any sense, except those expected to prevent the crime were complicit and compromised.
He spoke at the resumed hearing of the House of Representatives ad-hoc Committee investigating the alleged sale.
He had released a statement, titled: “Theft, Pipeline Vandalism Responsible For Volumes Of Crude Losses.”
He made this known in a statement on Monday by his Senior Adviser, Media and Communications, Horatius Egua.
A report had put the daily volume of crude stolen at 250,000 barrels, said to be worth $700 million in the market.
The State Commandant, Michael Ogar, said this after he took over the command of the corps in Port Harcourt on Monday.
The information was contained in OPEC’s Monthly Oil Market Report for May 2022, obtained by the News Agency of Nigeria.
This was made known by the Group Managing Director of the Nigerian National Petroleum Corporation Limited, Mele Kyari.
The Senate gave the directive when Engr. Gbenga Komolafe, the Commission’s Chief Executive of NUPRC, the successor of Department of Petroleum Resources(DPR) under Petroleum Industry Act(PIA) before the lawmakers during an interactive session with the senate committee on revenue losses in the maritime sector.
The Nigerian Navy represented by Rear Admiral Sola Oluwagbire who is the Director of Operations while speaking before Senate Committee on Finance during an interactive session on losses of revenue in maritime sector, said that 44 ships loaded with crude oil were arrested in 2021 with 1.6 million barrel of crude , 4.6 million liters of PMS and 13 ships were arrested within first quarter of 2022 with 154,000 of crude oil.