Politics

NNPC shifts $700m fuel pipeline supply date to August

The supply date for the completion of the $700m Obiafu-Obrikom-Oben fuel pipeline venture, popularly known as OB3, has been shifted from March 2024 to August, because the Nigerian National Petroleum Company Limited introduced its readiness to finish the ability.

On February 28, 2024, The PUNCH reported that the Federal Government had declared that the venture can be accomplished in March this yr, a venture that commenced in 2016.

It introduced this in February by means of the Minister of State for Petroleum Resources, Gas, Ekperikpe Ekpo, on the seventh Nigeria International Energy Summit in Abuja, the place the minister described the OB3 fuel pipeline as one of many greatest fuel transmission methods in each Nigeria and Africa.

“I am highly elated to announce that going by the contractor estimates, the OB3 pipeline will be completed by March 2024 and the 42” 127km pipeline will provide 2BCF (two billion customary cubic ft) per day,” Ekpo had acknowledged.

But in a press release issued in Abuja on Sunday by the spokesperson of NNPC, Olufemi Soneye, the oil agency declared that the venture can be accomplished in August.

The Group Chief Executive Officer, NNPC, Mele Kyari, confirmed this throughout an inspection tour of the OB3 pipeline River Niger Crossing operation at Aboh, Delta State, on Saturday, based on the assertion.

By design, the OB3 fuel pipeline is the interconnector which hyperlinks the Eastern fuel pipeline community to the Escravos-Lagos Pipeline System within the West and the Ajaokuta-Kaduna-Kano pipeline within the North.

The River Niger Crossing operation has been the most important obstacle to the completion of the strategic OB3 fuel pipeline for over three years, NNPC acknowledged.

This, it mentioned, was as a result of failure of the assorted applied sciences deployed to attain the development of the 48-inch pipe underneath the river mattress between Ndoni in Rivers State and Aboh in Delta State.

It, nonetheless, famous that with the adoption of the Micro-Tunnelling/Direct Pipe Installation expertise, the brand new contractors, Messrs HDD Thailand/Enikkom and Tunnelling Services Group (TSG), had been making a headway with about 860mout of the 1,800m achieved to date.

Speaking after the inspection tour, Kyari expressed delight on the breakthrough, which signalled the approaching completion of the venture.

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He was quoted as saying, “This is a major project of monumental value to our country. What this means is that this is the only way we can deliver the gas revolution. I am very happy and convinced that, latest by the middle of August, we will complete this project. I have been assured of that by the project team.”

On the importance of the venture, he mentioned, “Once completed, we will see about 2.2 billion standard cubic feet of gas coming into our network. We believe that this will give our country a breathing space of demand, I am sure we can catch up with that kind of demand in the next one and a half years. We are happy that this will give us the platform to unleash the gas revolution in our country.”

Also talking on the venture throughout the tour, Ekpo expressed satisfaction with the tempo of labor on the OB3 River Niger Crossing operation.

“I was here last year and I saw the work that was going on. There was a promise that it would be completed by December last year. I took it with a doubt. But today, from what I can see, I am confident that by July or August, it will be completed and it will be commissioned by the President,” the minister acknowledged.

The Special Adviser to the President on Energy, Olu Verheijen, mentioned she was trying ahead to the completion of the venture having been assured by the technical workforce that the appropriate expertise had been discovered to resolve the complicated challenges of the River Niger Crossing.

“As the minister and other speakers have said, we are looking forward to having this project deliver prosperity to Nigerians in the form of electricity and other areas,” Verheijen mentioned.

The Managing Director, Tunnel Service Group, one of many contractors to the venture, Ingo Justen, who was on the bottom to oversee the venture on the request of the NNPC boss, expressed confidence that the present expertise being utilized within the execution of the venture would result in its speedy conclusion.

In a presentation, the Managing Director, NNPC Gas Infrastructure Company, Seyi Omotowa, disclosed that on the price of progress with the brand new expertise deployed, the River Niger Crossing operation, which is the one side of the OB3 Gas Pipeline Project left, can be achieved on schedule.

The estimated value for establishing the OB3 fuel pipeline is $700m. The venture began someday in 2016 and is often known as the East-West Pipeline.

It connects the Obiafu-Obrikom fuel plant close to Omuku, Rivers State, to Oben, Edo State and is to move over two billion customary cubic ft of fuel per day.

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