Gov, Oil Firms Lose Over 250,000 bpd of Crude Oil to Closure of Trans-Forcados Pipeline
NNPC and International oil Companies operating in the western Niger Delta are losing roughly 250,000 barrels of oil per day (b/d) owing to the closure of the Trans-Forcados Pipeline, following a leakage discovered on the facility, Petroleum news reports.
The Trans-Forcados pipeline is the major trunk line in the Forcados Pipeline System with an export capacity of 400,000b/d and the second largest network in the Niger Delta after the Bonny Oil Pipeline System in the eastern Niger Delta.
International oil companies (IOCs) and Nigerian company operating in the western Niger Delta use the pipeline to pump oil to the 400,000b/d Forcados export terminal.
The pipeline had a leakage which made the effected companies to completely shut it down for repairs to be carried out.
“There was a leakage around 8 p.m. on Tuesday last week but the cause of the leakage is yet to be determined. From the available information, the closure of the pipeline, about 15 oil fields producing 220,000-250,000 barrels of crude oil per day had been shut in.
Heritage Energy Operational Services Limited operates the pipeline, along with its oil block – Oil Mining Lease (OML) 30.
Shell Petroleum Development Company (SPDC), Nigerian Petroleum Development Company (NPDC), Seplat Petroleum Development Company Plc, Shoreline Natural Resources, Neconde, Elcrest E&P, ND Western and First Hydrocarbon Nigeria are also some of the major producing companies affected by the closure of the Trans-Forcados Pipeline.
Also affected are marginal field operators such as Pillar Oil, Energia, Platform Petroleum, and Midwestern Oil.
Before last week’s leak, the Trans-Forcados Pipeline had suffered three sabotage incidents in 2016, beginning with the subsea bombing of the facility by the Niger Delta Avengers in February 2016, followed by a militant attack in November 2016.