Agip pipeline explosion in Bayelsa cuts output by 30,000bpd, says Eni

November 27, 2020

Oil companies have noted that Nigeria got just 4% of the $70 billion invested in sanctioned projects in Africa between 2015 and 2019.

The Nigerian Agip Oil Company (NAOC) on Thursday revealed that the November 20 explosion at its oilfield in Bayelsa State has cut crude oil production by 30,000 barrels per day. The explosion caused by vandals that damaged both NAOC and Shell Petroleum Development Company of Nigeria (SPDC) pipeli

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```