PENGASSAN’s strike plunged oil output by 16% – NNPCL

1 month ago 13
PENGASSAN’s onslaught   plunged lipid  output by 16% – NNPCL

By Yinka Kolawole,  with bureau report

The little nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)  has led to a important driblet in  lipid and state accumulation successful Nigeria.

According to the Nigerian National Petroleum Company Limited (NNPCL), crude lipid output recorded a simplification of astir 283,000 barrels per day, astir 16% of nationalist output, and a simplification of 1.7 cardinal modular cubic feet per time successful state output, portion knocking retired much than 1,200 megawatts of powerfulness generation, Reuters reported.

Group Chief Executive Officer of the NNPCL, Bayo Ojulari, successful a missive dated September 29, 2025, informed regulators that the concern enactment led to important accumulation deferments and projected gross losses from missed crude liftings and reduced state sales.

He stated: “Significant gross losses are projected astatine existent deferment levels, driven by missed liftings and state sales. Cashflow pressures are contiguous and compounding.  

“NNPC continued engagement with operating partners and cardinal stakeholders to heighten information and exigency protocols, activation of BCP with non-union unit taking implicit operations, wherever practicable.”  

Ojulari added that the concern enactment “has impacts that widen beyond the Dangote Refinery”.

He said the disruptions airs systemic risks to vigor supply, unit and plus information and the wider economy, adding that it poses  “material menace to nationalist vigor security” if prolonged.  

According to him, “Within the archetypal 24 hours of the strike, accumulation deferments stood astatine astir 283 kbopd of oil, 1.7 bscfd of gas, and implicit 1,200 MW of powerfulness procreation impaction.

“This equates to astir 16per cent of nationalist lipid output, 30per cent of marketed gas, and 20% of energy generation.”  

Key facilities shuttered during the enactment included the Shell-operated Bonga floating accumulation portion and the Oben state plant, portion the restart of Nigeria LNG’s Train 5 and 6 was delayed, and midstream networks were disrupted.

Cargo loadings for Dangote refinery arsenic good arsenic astatine export terminals specified arsenic Akpo, Brass, and Egina were besides delayed, risking demurrage costs, and astatine slightest 5 captious attraction and task timelines slipped, his study said.

However, the NNPC brag added that it activated concern continuity plans and deployed non-union unit to prolong operations during the stoppage but warned of  “significant gross losses”  from missed liftings and state sales.

The strike, which began connected September 28, was triggered by the dismissal of astir 800 unionised unit astatine the Dangote Refinery, Africa’s largest crude processing installation with a capableness of 650,000 barrels per day.

PENGASSAN has since suspended the onslaught aft talks brokered by the government, easing contiguous proviso risks, though NNPC cautioned that systemic vulnerabilities remained.

The station PENGASSAN’s onslaught plunged lipid output by 16% – NNPCL appeared archetypal connected Vanguard News.

Read Entire Article