Economy News

Fresh Impediment On Oil Assets By The Niger Delta Millitant

Fresh Impediment On Oil Assets By The Niger Delta Millitant
  • PublishedJanuary 18, 2018

 

 

Militants under the aegis of the Niger Delta Avengers on Wednesday have threatened to attack some offshore oil and gas facilities in the oil-rich region in a few days’ time after a year of cease fire.

 

The nation in 2016 saw a resurrection of militant attacks on oil and gas facilities in the Niger Delta, causing oil production in August to plummet to near 30-year lows of around 1.6 million barrels per day.

 

 

 

“This series of attacks will be the very dangerous and the target will me the deep shores the operations of the multinationals,” the group spoke in a statement on its website.

 

It said its targets, in the seas off the swampland delta region, would include the Bonga Platform and the Agbami, EA and Akpo fields. The militants also said they would target the Nigerian oil company, Brittania-U.

 

Shell operates the Bonga and EA fields, while Chevron is the operator of Agbami. Akpo stakeholders include Total, China’s CNOOC, Brazil’s Petrobras and Nigeria’s Sapetro.

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