Advertisements

Nigeria starts crude oil production in Lagos

Advertisements

crude-oil-pipe-702x336-436x336

A Nigerian firm has said it has started oil production from an offshore discipline in the commercial metropolis of Lagos, the first output out of doors the united states of america’s oil hub inside the Niger delta. “Yinka Folawiyo Petroleum Co. Ltd (YFP) is thrilled to announce that it has began manufacturing of crude oil from its Aje subject located in block OML 113 offshore Lagos,” it stated late Tuesday. YFP did no longer disclose the extent of modern output from the sphere but stated the employer has capability to supply 40,000 barrels per day. “Oil constituted of the Aje subject will be stored on the front Puffin which has manufacturing capacity of 40,000 barrels of oil in step with day and storage capacity of 750,000 barrels,” it introduced in a statement. Production started after more than 25 years of exploratory, appraisal and developmental activities inside the discipline, making Lagos — Nigeria’s business capital — an oil-producing kingdom. Nigeria’s oil and gas industry is concentrated inside the southern delta states however the vicinity has been dogged via unrest and disruption from militants disturbing a fairer share of revenue. Pipeline assaults and unlawful refining or “bunkering” as it is known as domestically have hit output, that’s currently predicted at approximately 1.8 million barrels a day, in line with OPEC. Nigeria is reliant on oil sales for its economic system but crude profits had been depleted considerably for the reason that droop in international fees that started out in mid-2014.

Leave a Reply

Your email address will not be published.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

You May Also Like
Read More

China Opens ₦7.3trillion World’s Longest Sea Bridge Designed To Last 120 Years

Chinese President has officially opened the 55km world’s longest sea crossing bridge. The sixth longest bridge on earth took nine years to complete. The new bridge connects Hong Kong to Macau and the mainland Chinese city of Zhuhai. It will cut travelling time between Zhuhai and Hong Kong from about four hours to just 30 minutes. Built at the cost about $20bn (that is about ₦7.3trillion) and designed to last 120 years ,the mega structure is strong enough to withstand earthquakes and typhoons.
Read More
Read More

Man Born Without Joystick Given ₦18million Artificial Joystick, Had Sex(Photo)

A man born without a joystick has lost his virginity aged 45 thanks to a bionic manhood made from his own skin. Andrew Wardle, from Manchester, had a £50,000 10hours penile implant operation at University College Hospital London in June but had to wait six weeks before he could have sex for the first time. Andrew, pictured in hospital, successfully underwent the final stage of a £50,000 penile implant operation at London’s University Hospital and has been given the all clear to at last lose his virginity at the age of 45. In a remarkable operation, doctors built his new joystick from the skin, muscles and nerves in Andrew’s left arm, pictured, and a vein in his leg. He was born with a condition called bladder exstrophy, said he will take a fertility test to see if they can conceive and they will adopt if he can’t. As a child Andrew underwent a surgical procedure to create an artificial opening known as a stoma in his urinary system.  He had countless operations to build a tube from his bladder so he could pass water normally and suffered from kidney problems
Read More