Energy

FORCE MAJEURE: NEMBE CREEK TRUNK LINE FIRE INCIDENT

FORCE MAJEURE: NEMBE CREEK TRUNK LINE FIRE INCIDENT
 The management of Aiteo Eastern Exploration and Production Company on Sunday said that force majure has been placed on the Nembe Creek Trunk Line (NCTL) due fire outbreak.
It’s Spokesperson, Mr Ndiana Matthew,  said in a statement that the company was informed of a fire outbreak by it’s surveillance team comprising the JTF, DSS around NCTL RoW near Awoba on April 21 (today)
According to Mathew, “Our operations emergency response team was immediately activated and following its urgent intervention and containment action.
“We are constrained to shut in injection as well as other related operations into the NCTL.
” In accordance with standard procedure, we requested the other injectors to do same.
“The NCTL has, hitherto, enjoyed smooth operations preceding this incident founding suspicion that this fire may have occurred through an illegitimate, third party breach of the functionality of the pipeline, critical national asset,” he said
Mathew said: In the meantime,  the relevant investigations are continuing while further information about the remote and direct causes of the fire will be communicated as soon as these become available.
“We ask our stakeholders to await further, detailed briefing in due course.
Aiteo Group is an integrated, global-focused Nigerian energy conglomerate founded in February 2008 by Benedict Peters.
The company has significant business interests in oil and gas exploration and production; bulk petroleum storage; refining of petroleum products; trading, marketing and supply as well as power generation and distribution. Its subsidiaries are Aiteo Eastern Exploration and Production Company Limited (AEEPCo) and Aiteo Power.
Aiteo Group acquired OML 29 from Royal Dutch Shell and emerged as Nigeria’s leading oil and gas company after successfully tripling.

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