Nigeria’s oil infrastructure in the country’s deep and shallow waters is facing insecurity threats
The alarm was raised at a media briefing by the President of the Petroleum and natural gas senior staff association of Nigeria, PENGASSAN, Festus Osifo
Osifo also asked the federal government to hand over the daily operations of the refineries to the private sector, a model they say has worked for the Nigeria natural liquified gas, NNLG.
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PENGASSAN Said unless the federal government addresses security issues around these facilities, the operational costs of oil prospecting companies will continue to rise, despite the recently signed executive order which supposed to reduce operational costs for the oil and gas companies
(Editor: Paul Akhagbemhe)