The Nigerian National Petroleum Corporation, NNPC, said that the country recorded 2,181 vandalised pipeline points within one year period between October 2018 and October 2019. Investigation shows that this development hindered the supply of petroleum product to various terminals, as well as effective distribution across the country. The full financial report of Nigerian National Petroleum Corporation, NNPC, for October, 2019 stated: “Products theft and vandalism have continued to destroy value and put NNPC at disadvantaged competitive position. A total of 2,181 vandalized points has been recorded between October 2018 and October 2019.” It was also gathered that crude oil Production was disrupted by shutdown of the TFP at Forcados for repairs while Bonny NCTL was shut down due to leaks on Right of Way, ROW, near Boro/Awoba as well as at the Krakama axis. The report also stated that production was interrupted at Agbami, Akpo, Egina, Escravos, Usan, Amenam, […]