Spanish:

Bolivia


Venezuela

Trinidad
&
Caribbean








Very usefull links




 

 

Niger Delta crisis: Italian oil giant cuts exports after pipeline blast


AFP

LAGOS
Petroleumworld.com 03 25 06

The Italian oil giant ENI warned customers Friday that it might not be able to honour some export contracts after an attack on one of the firm's Nigerian pipelines cut off crude supplies.

A spokesman told AFP from Rome that a March 17 bomb attack on the Tebidaba to Brass pipeline had cut production in the southern Niger Delta by 75,000 barrels per day, 13,000 of them belonging to ENI's subsidiary Agip.

This brings Nigeria's total losses since a renewed campaign of violence against the oil industry to 533,000 barrels per day, according to an AFP tally of reports from oil majors, more than a fifth of the country's output.

The ENI spokesman said the firm hoped to repair the pipeline by the end of the month but in the meantime had declared "force majeure", in order to avoid paying damages to clients expecting to load crude at Brass export terminal.

Since the start of the year separatist guerrillas have launched a series of violent attacks on oil plants across the Niger Delta, a 75,000 square kilometre (29,000 square mile) swathe of coastal swamp which is home to Africa's biggest oil industry.

In addition to blowing up oil and gas pipelines, the militants have kidnapped a total of 13 foreign oil workers. Most have been released, but two Americans and one Briton have been held as hostages for more than a month.

The guerrillas, whom the government has branded pirates and oil smugglers, say they are fighting to force Nigeria's federal government to give the poverty stricken people of the delta control over the region's oil revenues.


- 03/24/2006 10:35 - AFP

Copyright © 1994-2006 Agence France-Presse. All Rights Reserved.

 

Send this story to a friend

Your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

Any question or suggestions, please write to:
editor@petroleumworld.com





Best Viewed with IE 5.01+
Windows NT 4.0, '95, '98 and ME +/ 800x600 pixels


Contact:
editor@petroleumworld.com/phones:(58 412) 996 3730 or 952 5301
www.petroleumworld.com-Editor:Elio Ohep /
Publisher-Producer:Elio Ohep.
Contact Email:
editor@petroleumworld.com
Legal Information. CopyRight © 2002, Elio Ohep.- All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.