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Will Low Prices Save Long-Term Oil Demand?

Will Low Prices Save Long-Term Oil Demand?

Will low gasoline prices will…

Niger Delta Avengers Deny Responsibility For Eleme Attacks

The militant group Niger Delta Avengers denied allegations that it carried out an attack on the Nigerian National Petroleum Corporation’s pipeline in Eleme on Tuesday, insisting that a fraudulent social media account had been used to claim responsibility for the attack.

The group posted screenshots of the imposter page on its website and announced the closure of all of its social media accounts in order to prevent the spread of misinformation in the future.

"This Facebook Account/page is an impostor page that was open by fraudster to deceive the general public,” the site says. "We are warning any group that wants to do anything should go about their activities without tagging us (Niger Delta Avengers) instead do your activities and claim responsibility. The NNPC pipeline in Eleme blowing that was posted by this Facebook account yesterday wasn't carried out by Niger Delta Avengers.”

Previous statements by the NDA have revealed the militants’ goal of accelerating the development of the neglected Niger Delta – a mineral-rich and the biggest revenue-generating area for the Lagos government.

"Since the amalgamation of Nigeria in 1914 to date, our resources have been used to sustain the political administrative live wire of Nigeria to the exclusion of the Niger delta,” the group’s official site reads. "We want our resources back to restore the essence of human life in our region for generations to come because Nigeria has failed to do that. The world should not wait until we go the Sudan ways. Enough is enough"

This year has seen an increase in attacks on oil facilities in the Niger Delta. Some have attributed the attacks to a combination of heightened tension in the political arena and low prices. Bergen Risk Solutions, a Norwegian risk analysis firm states that there have been 65 incidents in the region this year. In 2015, the firm says, the attacks totaled 42.

By Zainab Calcuttawala for Oilprice.com

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