Nigeria’s crude oil production and export is expected to rise, following the completion of the repairs of the Trans-Forcados pipeline which was attacked several times by militants in Delta state.
The repair of the pipeline is expected to add about 200,000 barrels of crude oil daily to Nigeria’s export.
Chief Executive Officer of Seplat, Austin Avuru, however, said the repaired pipeline will not be open until the second quarter of this year.
The major export pipeline had been shut down since February, last year, following devastating attacks by the Niger Delta Avengers.
It was re-open in July last year after repairs, but was subjected to three more attacks last November last year by the militant group.
“We have a lot of locked-in production which we intend to unlock by exploring various other means beyond the Trans Forcados,” Avuru saidPlease subscribe to our newsletter