oil

FG Develops Framework On Oil, Gas Pipeline Assets Concession Nationwide

The federal government through the Ministry of Petroleum Resources has developed a framework on the concession of oil and gas pipeline assets nationwide Permanent Secretary, Ministry of Petroleum Resources,

Gabriel Aduda who disclosed this at a workshop in Abuja, said that the move underlined the critical importance that pipelines play in the transportation of liquids in the oil and gas industry.

According to a statement from the Director of Information at the Ministry, Enefaa Bob-Manuel, the Permanent Secretary was represented at the workshop by the Director, Midstream, Ministry of Petroleum Resources, Felix Okeke.

He informed that Nigeria has two crude delivery pipeline networks to the refineries, which include: The Escravos-Warri-Kaduna Pipeline system and the Bonny-Port Harcourt pipeline system, originating from crude export terminals.

“The 5,120 kilometres of pipeline network were also built for the distribution of petroleum products from the four refineries, with a capacity of 445, 000 barrels of crude per day to storage depots across the country, and about 3, 000 kilometres of Gas pipeline network,” he said.

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