The Nigerian Navy will start the second part of Operation Delta Sanity (OPDS II), because the Nigerian authorities plans to accentuate its struggle on crude oil theft subsequent yr.
The Minister of State for Petroleum Assets (Oil), Heineken Lokpobiri, launched the OPDS II in Port Harcourt, Rivers State, on Monday, as reported by the Information Company of Nigeria.
Lokpobiri stated the collaboration between the Federal Authorities and the Nigerian Navy will assist Nigeria obtain its goal of manufacturing 3 million barrels per day of crude oil by the tip of 2025.
The Minister famous that the primary part of OPDS, launched on Jan. 10, contributed to the increase in oil manufacturing figures, directing the Nigerian Navy to proceed with the second part.
“In August 2023, Nigeria’s every day crude oil manufacturing was barely 1,000,000 bpd. At present, the nation produces about 1.8 million bpd.
Our goal is to achieve 3 million bpd by 2025, and we’re assured that the second part of OPDS will play a key position in reaching this milestone,” Lokpobiri stated.
He emphasised that the position of the Nigerian Navy in making certain safety can’t be underestimated. He added that his ministry would proceed to collaborate with different safety businesses to fight oil theft and pipeline vandalism.
Concern over Trans Niger Pipeline
Lokpobiri expressed concern in regards to the persistent sabotage of the Trans Niger Pipeline, a significant pipeline that transports about 200,000 barrels of crude oil per day.
He stated the pipeline is persistently attacked by vandals who break into it to steal oil. Nevertheless, he expressed optimism that the Navy will make sure the safety of the pipeline in part 2 of OPDS.
“The Trans Niger Pipeline stays a significant problem, with criminals breaking into pipelines to siphon crude oil. Nevertheless, the Nigerian Navy has pledged to accentuate its efforts to guard these nationwide property, constructing on its successes in 2024,” he remarked.
- The minister emphasised the significance of curbing oil theft, saying it is going to improve authorities income and assist enhance allocations to states and native governments.
- He known as on safety businesses, maritime contractors, conventional rulers, and native youths to help the navy’s efforts in curbing oil theft.
- The Chief of Naval Staff, Vice Adm. Emmanuel Ogalla, expressed optimism in regards to the feasibility of reaching the three million bpd manufacturing goal, via the success of the OPDS.
The Naval Chief nevertheless famous that the Navy wants improved intelligence infrastructure and weapons to realize higher outcomes.
“Rejigging the operation includes deploying newly acquired maritime area consciousness infrastructure, assault helicopters, armed drones, and enhanced intelligence-gathering methods.
“We’re additionally incorporating non-kinetic approaches and strengthening collaboration with related stakeholders to maintain and improve crude oil manufacturing past 2 million bpd, as directed by President Bola Tinubu,” he added.
What it is best to know
- Oil theft and chronic vandalism of crude oil installment, particularly within the Niger Delta, are main challenges dealing with Nigeria’s oil and fuel sector.
- The implications of the power oil theft on Nigeria’s economic system embrace huge lack of oil revenues and oil spills that hurt the well being and setting within the oil-rich Niger Delta area.
- Based on the Nigerian Nationwide Petroleum Company (NNPC), the nation misplaced roughly $41.9 billion to grease theft between 2009 and 2018. Over N3 trillion was reportedly misplaced from 2021 to 2023.
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