Violence Plagues Oil Production in Nigeria

Akanimo Udofia pic
Akanimo Udofia
Image: desicongroup.com

As the managing director of Nigeria-based Desicon Engineering Ltd., Akanimo Udofia works extensively with several international oil companies. At Desicon Engineering, Akanimo Udofia is responsible for developing and implementing strategies to promote the organization’s growth. Due to numerous incidents of sabotage and violence, the oil and gas industry in Nigeria has suffered serious production and distribution setbacks.

Authorities have reported 58 incidents of sabotage along pipelines in Nigeria in the first 11 months of 2016. The attacks have been orchestrated by a number of militant groups who claim to be seeking their share of profits from the oil industry. In addition to these incidents, other acts of violence, including kidnappings, have occurred.

Already reeling from low global oil prices, the attacks have caused further problems for the Nigerian oil industry. First, overall production has decreased. Throughout 2016, it is estimated that over 130 million barrels have been lost. Additionally, the spillage and leaks that result from the attacks have put the fragile Niger Delta ecosystem at risk.