• 4 minutes Is $60/Bbl WTI still considered a break even for Shale Oil
  • 7 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 11 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 15 minutes Wonders of Shale- Gas,bringing investments and jobs to the US
  • 14 hours Old - New Kim: Nuclear Negotiations With U. S. Will Never Resume Unless Washington Changes Its Position
  • 36 mins IMO 2020 could create fierce competition for scarce water resources
  • 7 hours Theresa May to Step Down
  • 10 hours IMO2020 To scrub or not to scrub
  • 13 hours India After Elections: Economy And Hindu Are The First Modi’s Challenges
  • 6 hours Evil Awakens: Fascist Symbols And Rhetoric On Rise In Italian EU Vote
  • 3 hours Apartheid Is Still There: Post-apartheid South Africa Is World’s Most Unequal Country
  • 2 hours IRAN makes threats, rattles sabre . . . . U.S. makes threats, rattles sabre . . . . IRAQ steps up and plays the mediator. THIS ALLOWS BOTH SIDES TO "SAVE FACE". Then serious negotiations start.
  • 10 hours Devastating Sanctions: Iran and Venezuela hurting
  • 3 hours Total nonsense in climate debate
  • 227 days Epic Fail as Solar Crashes and Wind Refuses to Blow
  • 12 hours Compensation For A Trade War: Argentina’s Financial Crisis Creates An Opportunity For China
  • 8 hours Level-Headed Analysis of the Future of U.S. Shale Oil Industry
On The Cusp Of War: Why Iran Won’t Fold

On The Cusp Of War: Why Iran Won’t Fold

Iran’s Supreme Leader Ayatollah Khamenei…

NDA Claims Responsibility for Yet Another Pipeline Blast

Pipeline fire

The Niger Delta Avengers have claimed responsibility for the latest pipeline blast in the Niger Delta, this time of a gas transport facility of the Nigerian National Petroleum Corporation in the state of Akwa-Ibom.

This is 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. The Niger Delta Avengers have always emphasized they will not take lives but will destroy infrastructure in an attempt to force the Nigerian government to give a bigger portion of oil revenues to the local communities.

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. Among the international companies operating in the Niger Delta that have been hit by the Niger Delta Avengers are Shell, Exxon, Chevron, and Eni.

There have been attempts on the part of the federal government to settle the issues with the NDA but these attempts have so far proved unfruitful. Earlier this month, a group of local legislators in the southern states of Nigeria urged the federal government to share oil revenues more fairly with the Delta Communities as well, in another bid to stop the attacks.

Currently, 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 Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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