Latest news with #TonyOkonedo
Reuters
25-03-2025
- Business
- Reuters
Nigeria's Trans Niger oil pipeline restored after blast, Renaissance says
ABUJA, March 25 (Reuters) - Nigeria's Trans Niger oil pipeline has been fully restored and is working normally, after it was ruptured by a blast last week, Renaissance spokesperson Tony Okonedo said on Tuesday. The Trans Niger Pipeline (TNP), with a capacity of around 450,000 barrels per day, is one of two conduits that export Bonny Light crude from Nigeria, Africa's biggest oil producer. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Oil output through the TNP was rerouted to an alternative line after blasts ruptured the main link on March 19, according to Nigerian oil consortium Renaissance Group, which now owns Shell's former onshore subsidiary that operates the pipeline.
Reuters
18-03-2025
- Business
- Reuters
Nigeria's Renaissance investigates Trans Niger pipeline blast
ABUJA, March 18 (Reuters) - Nigerian oil consortium Renaissance Group confirmed on Tuesday a blast on its Trans Niger oil pipeline in the coastal River State and has dispatched a team to investigate, spokesperson Tony Okonedo said. The Trans Niger Pipeline (TNP), which has a capacity of around 450,000 barrels per day, is a major oil artery that transports crude from onshore oilfields to the Bonny export terminal. here. The consortium, which includes Nigerian exploration and production companies Aradel Energy, First E & P, Waltersmith, and ND Western, along with the international energy group Petroline, now operates Shell's former onshore subsidiary in Nigeria. Okonedo said a joint investigation team has been sent to the site without providing further details. Local environmental group Youths and Environmental Advocacy Centre (YEAC-Nigeria) said the blast occurred on Monday night in the Bodo community of Gokana local government area in Rivers state.
