Already, severe attacks the country suffered on its critical export pipeline system in 2013 have led to a loss of about 300,000 barrels of oil per day or N1.8 trillion, Group Managing Director of state-owned oil company, NNPC, Engr Andrew Yakubu said at the recently concluded oil and gas conference. These losses due to shut down in production are equivalent to the total production of Equatorial Guinea and larger than the entire production of Ghana, Congo Brazzaville, Cameroun and Gabon put together.
Posted on: Sat, 29 Mar 2014 04:52:48 +0000
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