Energy

DPR investigates Lagos pipeline explosion

DPR investigates Lagos pipeline explosion

By Abisola THOMPSON

The Department of Petroleum Resources (DPR) on Monday said it was investigating with other relevant stakeholders the Jan. 19 pipeline explosion at Ile Epo, in Abule Egba axis of Lagos State.

The DPR, which is the regulator of the petroleum industry, made the announcement in a statement issued  by Mr Paul Osu, Head, Public Affairs of the agency and made available to newsmen.

The statement read: ” The Department wishes to commiserate with all who were affected by this unfortunate tragedy, which has been attributed to sabotage and vandalism by unscrupulous persons.

“In line with our regulatory oversight to the Nigerian oil and gas industry, as enshrined in the Petroleum Act Cap P10 LFN 2004, the DPR has commenced investigations with other relevant stakeholders into the incident.

“We assure the public that the safety of all Nigerians is of paramount concern in the discharge of our regulatory mandate for the oil and gas sector.”

It added that a report on the agency’s inquest would be communicated when concluded.

Related posts

What’s next for OPEC+ in the glut year?

Editor

PPPRA reduces PMS pump price to N121.50 per litre

Meletus EZE

Indian refiners using term deals as hedge against Russian supply risk, govt says

Editor

NIPS: OPTS committed to move industry forward – Group

Editor

Oil tanker rates skyrocket 467%

Editor

NEC holds valedictory session, to consult governors before subsidy removal

Editor