The Renaissance Group reported an explosion on its Trans-Niger pipeline in Rivers State, prompting an investigation team to be deployed. The blast occurred in the Bodo community, resulting in a fire and visible smoke. The TNP was acquired from Shell and is vital for transporting crude oil to the Bonny export terminal.
The Renaissance Group has confirmed an explosion on its Trans-Niger oil pipeline located in the coastal Rivers State of Nigeria. Tony Okonedo, the spokesperson for Renaissance Group, informed Reuters that a team has been dispatched to investigate the incident. However, no additional information has been provided regarding the nature of the explosion.
According to reports from TheCable, the blast ruptured part of the Trans-Niger Pipeline (TNP) in the Bodo community, Gokana Local Government Area, late Monday night, resulting in a significant fire. A video circulating online displayed thick black smoke and flames engulfing the nearby mangrove forest.
The TNP, currently managed by Renaissance Group, was previously operated by Shell Petroleum Development Company of Nigeria Limited (SPDC). Spanning a capacity of approximately 450,000 barrels per day, this pipeline is crucial for transporting crude oil from onshore fields to the Bonny export terminal.
On March 13, Renaissance Africa Energy Holdings announced the successful completion of acquiring Shell’s entire 100 percent equity interest in SPDC. The consortium comprises notable Nigerian exploration and production companies, including Aradel Energy, First E & P, Waltersmith, and ND Western, as well as the international energy firm Petroline.
In conclusion, the recent explosion on the Trans-Niger pipeline necessitates an immediate investigation by the Renaissance Group. This incident poses significant environmental and operational concerns, especially given the pipeline’s critical role in crude oil transportation. As Renaissance Group seeks to address this occurrence, the implications for local communities and the environment remain paramount.
Original Source: www.thecable.ng
