Monday, 15 October 2012 00:00
2628 Hits

Flood not impacting oil, gas installations –– FG

The Federal has stated that the nation's oil and gas facilities are yet to be impacted by the raging floods which have devastated most parts of the country especially in the Niger Delta region.

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, who stated this during a visit to the Government House, Yenogoa, in Bayelsa State, described the floods as a major tragic disaster in the history of Nigeria.

Earlier, the Minister of Petroleum had embarked on an extensive fly-over tour of some flood-impacted oil producing communities in Delta, Rivers and Bayelsa States.

On the impact of the flood on oil and gas operations, most of which are domiciled in the region, Alison-Madueke stated: “At this point in time, we have not received any report that any of our installations have been adversely affected but we are still receiving the reports as we speak. If the water level continues to rise, we will find out what the impact is but as at now we have no report to that effect."

Minister of Petroleum expressed shock and disbelief at the level of devastation inflicted on the communities by the flood.

She said: “I have flown over other communities in Delta and Rivers States as well as my own village in Bayelsa State and in all these areas we could not find a single solid ground to land and that in itself means that we are facing a major tragedy.

“It means that at this time, Bayelsa State and other impacted states are faced with looming food crisis. We are actually facing a crisis situation and we must act swiftly and collectively to seek a robust solution to the disaster,” she stated.

Receiving the Minister in his office, Bayelsa State Governor, Seriake Dickson, thanked the Petroleum Minister for the solidarity visit while describing her as "our beloved daughter in whom we are well pleased."

Dickson said: “I want to thank you for your time and the solidarity shown in this  period of great tragedy.”

Before leaving Yenagoa, the Minister of Petroleum took time out to visit the headquarters of the Nigerian Content Development and Monitoring Board, NCDMB, in solidarity with some staff members whose homes have been ravaged by the flood.

However, the Nigerian National Petroleum Corporation has reiterated its determination to growing the nations proven crude oil reserve from its current level of 37 billion barrels to 40 billion barrels by the year 2020.

The Group Managing Director of NNPC, Mr. Andrew Yakubu, stated that apart from ensuring an increase in the level of proven reserves the corporation is working assiduously towards increasing production from the current figure of 2.4 million barrels per day to a record 4 million bpd by 2020.

Nigeria’s production of crude oil now averages at 2.4 million barrels daily after recording an all time high of 2.7 million bpd late July.

Yakubu stated: “As we endeavour to achieve effective transformation of the oil and gas industry in line with the Transformation Agenda of Mr. President our target is to ensure that we grow our proven crude reserves to 40 billion by 2020 and also increase our production to 4 million barrels per day by 2020.”

The NNPC boss also assured that the Corporation, alongside its JV partners, is strategically focused on power generation via effective alignment with the power supply aspiration of the Federal Government.

He stated that the NNPC is also working on strategic upgrade of gas infrastructure in Kaduna and other Northern States to help resuscitate the ailing textile industry in that part of the country.

Yakubu also reassured residents of Kaduna and adjoining states of adequate supply of petroleum products, noting that Kaduna Refinery is currently producing about 4 million litres of Premium Motor Spirit (PMS) per day.  

He said: “The Kaduna Refinery is one of the best run in the country today. It currently produces 4million litres of PMS every couple of days and this has helped us to stabilise supply in Kaduna and its environs especially at this trying period.”

He pledged that the plan to ensure complete turn around and rehabilitation of the nation’s refineries is still intact as the lead equipment for the TAM of Port Harcourt Refinery has since arrived.

He added: “Once we are done with Port Harcourt Refinery Kaduna is next in line and from there we move to Warri Refinery.”