the Nigerian National Petroleum
Corporation, NNPC on Wednesday decried the unending incidents of pipeline
hacking and product theft which is currently posing great danger to the
efficient distribution and supply of petroleum products in some parts of the
country.
Speaking against the backdrop of the recent line break in Ije-ododo community in Ojo Local Government Area of Lagos State, Engr. Andrew Yakubu stated that if left on checked, the nefarious activities of pipeline marauders could cripple the smooth operation of the downstream sector of the industry.
Engr. Yakubu who in Abuja explained that less than one week after the vital system 2B was restored after extensive repair work on the ruptured Arepo point, the Corporation has been compelled to shut the line owing to Monday’s attack on the Ije-ododo point.
He informed that though the NNPC is working hard to ensure effective distribution of petroleum products across the country through increased trucking, the trucking option comes with enormous cost which is totally unsustainable insisting that with or without PIB or privatization, no industry can survive under this kind of arrangement.
Records indicate that with the incessant attacks on the nation’s vast artery of pipelines about 70 percent products distribution is through trucking into the hinterlands which requires massive fleets of petroleum product trucks of up to 1,212 trucks load out from the depots every day to meet the daily estimated national consumption.
NNPC laments On Activities Of Pipeline Vandals the Nigerian National Petroleum Corporation, NNPC on Wednesday decried the unending incidents of pipeline hacking and product theft which is currently posing great danger to the efficient distribution and supply of petroleum products in some parts of the country.
Speaking against the backdrop of the recent line break in Ije-ododo community in Ojo Local Government Area of Lagos State, Engr. Andrew Yakubu stated that if left on checked, the nefarious activities of pipeline marauders could cripple the smooth operation of the downstream sector of the industry.
Engr. Yakubu who in Abuja explained that less than one week after the vital system 2B was restored after extensive repair work on the ruptured Arepo point, the Corporation has been compelled to shut the line owing to Monday’s attack on the Ije-ododo point.
He informed that though the NNPC is working hard to ensure effective distribution of petroleum products across the country through increased trucking, the trucking option comes with enormous cost which is totally unsustainable insisting that with or without PIB or privatization, no industry can survive under this kind of arrangement.
Records indicate that with the incessant attacks on the nation’s vast artery of pipelines about 70 percent products distribution is through trucking into the hinterlands which requires massive fleets of petroleum product trucks of up to 1,212 trucks load out from the depots every day to meet the daily estimated national consumption.
NNPC laments On Activities Of Pipeline Vandals the Nigerian National Petroleum Corporation, NNPC on Wednesday decried the unending incidents of pipeline hacking and product theft which is currently posing great danger to the efficient distribution and supply of petroleum products in some parts of the country.
Speaking against the backdrop of the recent line break in Ije-ododo community in Ojo Local Government Area of Lagos State, Engr. Andrew Yakubu stated that if left on checked, the nefarious activities of pipeline marauders could cripple the smooth operation of the downstream sector of the industry.
Engr. Yakubu who in Abuja explained that less than one week after the vital system 2B was restored after extensive repair work on the ruptured Arepo point, the Corporation has been compelled to shut the line owing to Monday’s attack on the Ije-ododo point.
He informed that though the NNPC is working hard to ensure effective distribution of petroleum products across the country through increased trucking, the trucking option comes with enormous cost which is totally unsustainable insisting that with or without PIB or privatization, no industry can survive under this kind of arrangement.
Records indicate that with the incessant attacks on the nation’s vast artery of pipelines about 70 percent products distribution is through trucking into the hinterlands which requires massive fleets of petroleum product trucks of up to 1,212 trucks load out from the depots every day to meet the daily estimated national consumption.
At an average vehicle turnaround of about 8-10 days from the South to the North and back, a minimum of 10,000 trucks are required to ply the roads daily.
Despite the challenge posed by the shut- down of the system 2B line as a result of the attack, the GMD remains optimistic that Nigerians would not suffer undue hardship during the yuletide season as according to him the NNPC has a fall back strategy which we have already activated to ensure un-interrupted supply of products.
Engr. Yakubu called on Nigerians across board from the community to local government and up to state government levels to embrace protection of pipelines.
Despite the challenge posed by the shut- down of the system 2B line as a result of the attack, the GMD remains optimistic that Nigerians would not suffer undue hardship during the yuletide season as according to him the NNPC has a fall back strategy which we have already activated to ensure un-interrupted supply of products.
Engr. Yakubu called on Nigerians across board from the community to local government and up to state government levels to embrace protection of pipelines.
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