Nigeria has been under attack for the last two months as militants in the Niger Delta bomb oil installations in what is supposed to be a protest on behalf of the people of the Niger Delta. The impact has been devastating with oil production badly cut to as low as 800, 000 bpd at some point.
This seems now like a long time ago following what appears to be a period of fragile peace in the Niger Delta. According to an article from Reuters, Oil production in Nigeria has risen to about 1.9 million barrels per day (bpd), from 1.6 million bpd, due to repairs and more than a week having passed since a major pipeline attack in the Niger Delta.
According to Garba Deen Muhammad, a spokesman for the Nigerian National Petroleum Corporation (NNPC), oil production had risen to around 1.9 million bdp since last week.
“Production has increased because we are making repairs to damaged pipelines and installations. And we have not had any major attacks in recent times,” he said.
The Niger Delta Avengers, the group that has claimed responsibility for most of the recent attacks on oil and gas installations last said it blew up a pipeline on June 16.
Last week, petroleum ministry officials said the government had agreed a one-month ceasefire with militants, but the Avengers said they had not agreed to a truce.
Muhammad also said Kachikwu was in China for a roadshow, which began on Sunday, aimed at raising around $50 billion of investment for Nigeria’s oil industry.
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