NEWS

Blockade At ExxonMobil Facilities Threaten Oil Output

Oil giant ExxonMobil has lamented the continued blockade around its facilities in Nigeria by its former employees.

ExxonMobil which said in a statement that the activity poses a threat to crude production added that such “disruptions to operations have the potential to significantly impact revenues.”

According to the company, the blockade was characterised by playing of loud music, defacing of company facilities and intimidation of personnel,  adding that  the “continued denial of access to production facilities could impact the company’s ability to safely continue production operations.”

Mobil Producing Nigeria produces over 550,000 barrels per day (bpd) of crude oil, condensates and natural gas liquids.

According to the National Bureau of Statistics (NBS), Nigeria’s average production in Q2 of 2018 was 1.8 million barrels per day, leaving industry watchers to worry that the continued blockade may have a huge negative impact on crude production and revenue to government.

Exxon’s statement follows a six-week blockade by former workers at the oil company who claim to have been unjustly relieved of their jobs. The Lagos headquarters of ExxonMobil was shut down in July by the company’s workers’ unions over the alleged dismissal of 860 security personnel without entitlement.

The workers besieged the office of the company, protesting the sacking of mainly Nigerians. The protesters accused the company of unjustly sacking the workers most of whom had worked with it for over 22 years.

Poll

Subscribe To Newsletter


NNPC MONTHLY OIL AND GAS REPORT JULY 2020T


CLICK IMAGE TO DOWNLOAD FULL REPORT IN PDF

NPC Monthly Report
Click to comment

Contact Us!

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top