Aging Pipelines Blamed For Nigeria’s Oil Output Decline

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Reuters
Thursday, August 24, 2017 - 9:47am

ABUJA, Nigeria—Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day (MMbbl/d) in July, the country’s oil minister said on Aug. 24.
Emmanuel Ibe Kachikwu, speaking on the sidelines of an event in the capital, Abuja, said there had been issues with aging pipelines.
“We continue to have challenges, some of our pipelines are old, so these are basically technical. They are not militancy-induced stoppages, but they are basically maintenance-induced stoppages,” he said.
Nigeria’s oil output has rebounded this year, aided by government efforts to placate militants in the Niger Delta region where the bulk of the country’s crude is produced, but it has struggled to maintain peak output levels.
Crude production in the country was cut by more than one-third last year when militants carried out a series of attacks on energy facilities in the southern Niger Delta oil hub.

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