October 29, 2010

Saboteurs Attacked Agip oil Pipelines



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Security sources say that two Agip oil pipelines in the Niger Delta region have been attacked with explosives by saboteurs, causing around 60,000 barrels per day of production to be shut in.

The two pipelines from the Osiama oilfield to Brass in Bayelsa state, were attacked with explosives in what appeared to be a local dispute rather than a wider resurgence of violence by militants in the restive region.

The attacks would be the first significant hit since an amnesty was agreed last year between the government and thousands of gunmen, who laid down weapons in return for promises of stipends and retraining.

Agip Oil confirmed the attack in a statement, stating that over 4,000 barrels per day has been shut down.

"During the night between October 28 and 29 an act of sabotage occurred in a minor pipeline of the Osiama field in Bayelsa State, Nigeria," Eni said.

"The production affected is 4,000 bpd, of which 800 bpd is Eni equity. No force majeure has been declared due to the minor amount of production involved," the Italian firm said.

Osiama is one of the fields feeding the Brass River crude oil stream, a light crude popular with U.S. buyers due to its high gasoline yield. Exports were expected to average around 114,000 bpd in November, according to loading programmes.

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