• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 35 mins In a Nutshell...
  • 18 hours Is OilPrice a cover for Green Propganda
  • 1 hour Putin Paid Militants to Kill US Troops
  • 4 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 23 hours Victor Davis Hansen on Biden's mental acuity " . . unfit to serve". With 1 out of 5 Democrats admitting it. How many Dem's believe it but will not admit it?
  • 5 hours Putin Forever: Russians Given Money As Vote That Could Extend Putin's Rule Draws To A Close
  • 21 hours Tesla Model 3 police cars pay for themselves faster than expected, says police chief
  • 1 hour Why Wind is pitiful for most regions on earth
  • 7 hours Happy 4th of July!
  • 5 hours Apology Accepted!
  • 1 day The Political Genius of Donald Trump
  • 2 days Why Oil could hit $100
  • 2 days Biden admits he has been tested for Cognitive Decline several times. Didn't show any proof of test results.
  • 2 days Per most popular Indian websites it was Indian troops not Chinese troops breach of LAC that caused the clashes. If you know any Indian media that claim to the contrary please provide the link
Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

Nigeria Loses 700,000 bpd Crude Output To Militant Attacks

Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day (bpd), figures by the Nigerian National Petroleum Corporation (NNPC) show.

Nigeria’s oil output is currently 1.5 million bpd compared to what would be a regular production of 2.2 million bpd. However, as Seeking Alpha reports, traders estimate that the current output may be even lower, at some 1.3 million bpd.

The Niger Delta Avengers (NDA) have claimed most of the recent sabotages at oil facilities. The militant group, which has vowed not to allow the export of even “one litre of crude in the Niger Delta,” has been targeting pipelines belonging to NNPC and foreign oil majors Shell, Eni and Chevron.

Just a few days ago, NDA claimed responsibility for the latest pipeline blast in the Niger Delta, this time of a gas transport facility of the NNPC in the state of Akwa-Ibom. The disruption was the latest in a long stream of attacks on oil and gas production and transport infrastructure in the impoverished Niger Delta, which has also involved several other militant groups.

Nationwide, currently facilities at Qua Iboe, Forcados and Brass River are under force majeure, while Escravos and Bonny Light experience major loading delays.

By May this year, the increasingly frequent attacks had cut such a significant portion of Nigeria’s oil output that it caused a rally in global oil prices.

Now, the federal government says it is conducting talks with militant groups from the Niger Delta region but the NDA has said it is not taking part in any such talks. In any case, the attacks, which have so far cost Nigeria’s top spot among oil exporters in Africa to Angola, seem likely to continue until the government succeeds in meeting the various demands of the different groups.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News