Parent company of Nigerian Agip Oil Company, NAOC, has lifted force majeure on Brass terminal, Bonny NLNG and Okpai power plant following restoration of the Ogoda/Brass 24″ oil pipeline at Okparatubo, Nembe Local Government Area, Bayelsa State.
The embargo was lifted on Friday after the pipeline was hit by blast on March 5.
SweetcrudeReports had on Thursday hinted of Eni’s intention to lift the embargo this week.
The company had blamed cause of the leak on third-party interference.
After the blast on March 5, the firm said all wells conferring in the pipeline were immediately shut-in whilst river booms and containment barges were mobilised to reduce the impact of the spill.
Deferred production was estimated at 25 kbopd oil and about 13 MSm3/d gas.
The blast was the second in the area in a few days.
Former event occurred on a riser of Obama/Brass 18″ oil line on 28th February and caused a production deferment of about 5,000 bopd for a few days.
The unfortunate incident occurred at a time when not fewer than 14 power plants have been in a limbo state for over two months, and reports of national grid collapses did the rounds, plunging the country into an endless round of power outages.
SOURCE: sweetrudereports.com
