The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded more breaks on its oil pipelines across the country in September, with 28 (or by 18%), compared with August 2019.
It stated that most of the attacks were on its pipeline networks in downstream which mostly transports refine petroleum products to its supply depot across the country.
While some of the lines were unable to be fixed, the corporation in its September 2019 operations report indicated that it spent a whopping N12,916,281,955 to fix the others.
“In September 2019, a total of 186 pipeline points were vandalized representing an increase of 18 percent from the 158 points vandalized in August 2019,” said the corporation in the report.
According to the report, “Out of the vandalized points, 30 failed to be welded while none was ruptured. Aba-Enugu axis accounted for 77 percent of the breaks while PHC-Aba, ATC-Mosimi, and other routes accounted for eight percent each.
“NNPC in collaboration with the local communities and other stakeholders continuously strive to reduce and eventually eliminate this menace,” it added while complaining that products theft and vandalism have continued to erode the values it could have given to Nigeria.
It also stated that such developments frequently put it on a disadvantaged competitive position, and hinted that between September 2018 and September 2019, it recorded a total of 2,146 vandalized points on its oil pipelines.
An analysis of the corporation’s year-to-date report on its vandalized pipeline showed that between September 2018 and January 2019, the NNPC had an increase in the number of pipeline vandalism recorded.
The situation did not stop but reduced between February and June 2019, before increasing in July, August, and September.
Also, within these periods, the corporation spent N17,261,047,885 in September 2018; N16,758,316,426 in October 2018; N16,758,316,426 in November 2018; N13,874,269,954 in December 2018; and N14,600,716,294 in January 2019 on pipeline repairs and maintenance.
It continued to spend heavily on pipeline repairs and maintenance in February 2019 with N10,123,702,555; March – N11,995,055,716; April – N7,082,078,048; May – N12,430,497,197 and June – N16,812,746,932.
Between July, August, and September 2019, the corporation spent N12,577,933,569; N11,079,063,337 and N12,916,281,955 on pipeline repairs and maintenance to bring its total year-to-date expenditure on pipeline repairs and maintenance to N174,270,026,292 or N174 billion.
Source: THISDAY
