Connect with us

Latest

Oil & Gas14 hours ago

Nigeria Exceeds OPEC Quota as Pipeline Security Boosts Oil Output

By Our Correspondent In a bid surpass the nation revenu target for this fiscal year, Nigeria has surpassed its Organisation...
Oil & Gas14 hours ago

Nigeria Exceeds OPEC Quota as Pipeline Security Boosts Oil Output Emmanuel Nlewedum, Port Harcourt Nigeria has surpassed its Organisation of Petroleum Exporting Countries, OPEC, production quota for the first time in 2026, with indigenous operator Pipeline Infrastructure Nigeria Limited, PINL, credited as a key driver of the recovery along the Trans Niger Pipeline, TNP. Data released by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, on June 11, showed national oil output rose 2.2 per cent in May to about 1.70 million barrels per day, bpd, up from 1.66 million bpd in April. Crude oil production averaged 1.53 million bpd, crossing the country’s OPEC quota of 1.5 million bpd for the first time this year. The improved performance dominated discussions at an enlarged stakeholders’ meeting convened by PINL in Port Harcourt for host communities across Rivers, Imo and Abia States. Traditional rulers and other stakeholders at the meeting urged the Federal Government to provide stronger institutional support for PINL’s efforts in keeping the pipeline operational and safe. Dr. Akpos Mezeh, PINL’s General Manager for Community and Stakeholder Relations, attributed the gains and achievements of the pipeline surveillance firm to stronger operational stability on the Trans Niger Pipeline (TNP), deeper community participation, and a shared commitment among government, security agencies and host communities to reject crude theft and pipeline vandalism. Mezeh noted that more reliable infrastructure was translating into higher government revenue, improved energy security, and renewed investor confidence in Nigeria’s upstream sector. “The Trans Niger Pipeline continues to record remarkable operational stability,” he said. He called for improved collaboration from host communities, while emphasising the roles of stakeholders and traditional rulers in protecting critical assets and government infrastructures in their domains. Chairman of the South Monarchs Forum, who is also the Nye Nwe-Eli Emohua, King Sergeant Awuse, warned that the peace now enjoyed in oil-producing communities in the Niger Delta had become a target for some unpatriotic saboteurs. “Some who are not patriotic enough will want to spoil your good works,” he cautioned. Awuse called for increased support for PINL from the Federal Government and security agencies. “This is the time the National Security Adviser and the relevant agencies should give more support to PINL, because if our oil production goes down, it will affect every act of governance,” the monarch stated. The King of Eleme Kingdom, His Majesty Dr. Philip Obele Osaro, commended PINL’s community programmes for reducing youth restiveness in host areas. He said increased funding for the company’s initiatives would expand opportunities for youth and women empowerment across the corridor. Also speaking, Engr. Akponime Omojewvhe, Head of Field Operations for the Eastern Corridor at NNPCL’s Project Monitoring Office, urged communities to provide early reports on suspicious activities of saboteurs and oil thieves. He stressed that timely intelligence from residents remained critical to protecting the pipeline corridor from vandals and oil thieves. The output milestone comes amid sustained operations by security agencies under Operation DELTA SAFE and renewed collaboration between regulators, operators and host communities. With the TNP accounting for a significant portion of Nigeria’s export grade, stakeholders say maintaining the current stability will be crucial to sustaining production above the OPEC quota in the months ahead.
Uncategorized15 hours ago

IPF Raises Alarm, Seeks Immediate Reactivation of BRACED Commission
Uncategorized18 hours ago

Again, Gov Diri Assures Security Agencies Of Continued Support … Inaugurates NSCDC Projects In Yenagoa
Politics21 hours ago

Niger state govt reassures residents of its commitment to protect lives , property …says normalcy has returned to Pissa Community
Politics23 hours ago

Ekiti election: INEC announces 1.059 million as registered voters
Politics23 hours ago

ADC to APC : You Are Shameless- Opposition Slams Ruling Party for Celebrating Judges’s Housing, Says Action Undermines Judicial Independence
Law & Crime1 day ago

Rising Terror Attacks, Unrescued Schoolchildren Expose Failure of Security Leadership; Govt. Must Stop Playing Politics With Lives of Nigerians — HURIWA
Politics1 day ago

Igboho lacks training, maturity to run 50,000-man security force -Expert
More Latest