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PENGASSAN Raises Alarm Over Rising Insecurity On Oil Infrastructure

Last updated: June 16, 2025 6:55 pm
6 months ago Abulu Osemuaghu
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1 Min Read
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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.

MUST READ:PENGASSAN Berates Nigerian Govt Over 2024 Incessant Grid Collapse

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)

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