• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Low Oil Production Decline Looms As Explosion Rocks Nigeria’s Biggest Crude Pipeline

by Nse Anthony - Uko
5 months ago
in Business
oil production
Share on WhatsAppShare on FacebookShare on XTelegram

Following the explosion on the Trans-Niger Pipeline (TNP), one of Nigeria’s largest oil pipelines, in the Bodo area of Rivers State, on Monday night, Nigeria’s oil production may decrease.

Advertisement

LEADERSHIP checks indicated that the incident has raised concerns about potential disruptions to Nigeria’s already struggling oil production. The pipeline, with a capacity to transport over 450,000 barrels of crude oil daily, is crucial for exporting oil to the Bonny Terminal.

The cause of the explosion remained unknown at press time, but speculations about sabotage or equipment failure were rife amid heightened political tensions and threats from militant groups in Rivers State.

RELATED: Explosion Rocks Major Oil Pipeline In Rivers

The Trans-Niger Pipeline is considered one of Nigeria’s biggest oil pipelines. It is a major crude oil transportation pipeline in the Niger Delta region, which is known for its significant oil reserves.

The TNP is operated by Renaissance and the Nigerian National Petroleum Company Limited (NNPCL) and it spans approximately 180 kilometres .

RELATED

Nigeria’s Capital Import Nosedives, Drops 51% In Q4

Consumers Paid N21,010 For 12.5kg Cooking Gas In June – NBS

9 hours ago
Northern Democrats Set Up C’ttee To Review Tinubu’s Tax Reform Bills

Insurers To Recapitalise as Tinubu Signs Insurance Reform Bill Into Law

9 hours ago

The TNP is an important infrastructure for transporting crude oil from oil fields in the Niger Delta to export terminals, primarily the Bonny Export Terminal. It has the capacity to transport over 450,000 barrels of crude oil per day, contributing significantly to Nigeria’s oil production and export.

Local residents described hearing a loud blast followed by intense heat and flames. While the cause of the explosion was yet to be officially confirmed, sources suggested it could be linked to sabotage, vandalism, or equipment failure.

Nigeria’s oil production has been below OPEC quota, with February 2025 output at 1,465,006 barrels per day. This latest incident could further exacerbate production declines, impacting the country’s economy significantly. Investigations were ongoing, with authorities yet to confirm the extent of the damage or potential implications and casualties.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Oil Production
SendShareTweetShare
Previous Post

Northern CAN Hails Tinubu, Congratulates Kukah, Qurix On Appointments

Next Post

How To Choose The Right Slot Machine: Tips And Recommendations From Experts

Nse Anthony - Uko

Nse Anthony - Uko

You May Like

Nigeria’s Capital Import Nosedives, Drops 51% In Q4
Business

Consumers Paid N21,010 For 12.5kg Cooking Gas In June – NBS

2025/08/06
Northern Democrats Set Up C’ttee To Review Tinubu’s Tax Reform Bills
Business

Insurers To Recapitalise as Tinubu Signs Insurance Reform Bill Into Law

2025/08/06
Despite NEITI’s $1.9bn Under-remittance Claim, Federal Govt Owes NNPCL $9.74bn Fuel Subsidy Debt
Business

FG Pledges To Strengthen Trade Ties With US

2025/08/06
Equities Market Rebounds By N95bn Gain
Business

Equities Market Extends Winning Streak, Gains N458bn

2025/08/06
Non-Resident Registration Pushes BVN Enrollments to 66.2m In July
Business

Non-Resident Registration Pushes BVN Enrollments to 66.2m In July

2025/08/06
First Holdco to Sell RC Investment Stake
Business

First Holdco to Sell RC Investment Stake

2025/08/06
Leadership Conference advertisement

LATEST

Tinubu Orders Free Healthcare, Pension Hike For Low-income Retirees

No Nation Can Make Meaningful Progress Without Reliable Data — NPC

BBNaija10: Drama As Big Soso Fights Ivatar For Age-shaming Joanna

ValueJet Breaks Silence After NCAA Suspended 2 Pilots Over Abuja Incident

Aviation Workers Protest Plan To Concession Port Harcourt Airport

Diddy Seeks Trump’s Pardon Ahead Of October Sentencing — Lawyer

EFCC Arrests 14 Cyber Criminals In Akwa Ibom

1 Dies In Edo Cult Initiation Ritual

Invest In Cross River, Gov Otu Charges Diasporans

Tinubu Congratulates Nafisa, Rukayya, Hadiza on Global Education Triumph

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.