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Arik Suspension Threatens 200,000 Barrels Of Crude From Chevron - Politics - Nairaland l1yn

Arik Suspension Threatens 200,000 Barrels Of Crude From Chevron (18615 Views)

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dre11(m): 11:10am On Aug 01, 2024
The suspension of Arik Air operations is posing a threat to the production of about 200,000 barrels of crude by Chevron, TheCable understands.

A source told TheCable on Wednesday that production is affected as Chevron’s team is finding it difficult to get airlifted to Osubi airstrip — a facility close to oil-producing areas in the Niger Delta.

So for today Nigeria may not extract 130,000 barrels of crude,” the source said.

Chevron Nigeria Limited, a major energy investor in the country, runs a t venture (JV) arrangement with the Nigerian National Petroleum Company (NNPC) Limited for the onshore and offshore assets in the Niger Delta region.

The oil firm operates the Agbami field, one of the largest deepwater discoveries in Nigeria. The facility lies 70 miles (113 km) off the coast of the central Niger Delta region and spans 45,000 acres (182 sq km).

Chevron also has natural gas projects in the western Niger Delta and the Escravos areas, including the Escravos gas plant (EGP), and the Escravos gas-to-liquids (EGTL) facility.

According to the source, Chevron is serviced by Arik Air, stressing that the suspension of the airline operations “is affecting 130,000 barrels a day production for Nigeria”.

He said production at Escravos — Chevron’s main base — is also affected and this could increase the loss “to 200,000 barrels per day”.

Chevron did not respond to TheCable’s enquiry when ed over the issue.

The federal government, on July 30, grounded some aircraft belonging to Arik Air over a $2.5 million debt case.

The Nigerian Airspace Management Agency said the decision was sequel to an order by the federal high court regarding a case of $2.5 million owed by Arik to Atlas Petroleum International Ltd.

Speaking on the issue, Roy Ilegbodu, chief executive officer (CEO) of Arik Air (in receivership), said the action came without notice or consultation, –warning that the economy would be negatively impacted.

“This decision, made without warning or consultation, has serious repercussions for our valued engers, dedicated employees, and the broader Nigerian economy,” he had said.

Ilegbodu said grounding the airline’s fleet would hurt “everyday Nigerians who rely on our flights for business, family, and essential activities”.

Nigeria, Africa’s biggest oil producer, is still struggling to meet production targets due to numerous challenges including oil theft and pipeline vandalization.

On July 2, Mele Kyari, group chief executive officer (GCEO) of the NNPC, declared a state of emergency on the challenges affecting Nigeria’s crude oil production.

https://www.thecable.ng/sources-arik-suspension-threatens-200000-barrels-of-crude-from-chevron/amp/

2 Likes

EyeCumInPiss: 11:13am On Aug 01, 2024
God abeg deliver your people from this disastrous plague called éBola.

18 Likes 1 Share

Boogyman557: 11:19am On Aug 01, 2024
Holly Gram cool


EBIN PAWA ooo !!!


LITE UP my WEED in peace


WTF MAN!

14 Likes 3 Shares

RepoMan007: 11:19am On Aug 01, 2024
Same aircraft Seyi uses to go play golf abi na pollo in Kano cant be used for critical missions.

7 Likes

krince: 11:20am On Aug 01, 2024
These apc lions have snatched this country. How do we recover it from them without violence?

I pray for Divine intervention from God because they cannot be removed by election and violent removal is also not good. I pray our society does not become lawless like Haiti.

Bunch of plantain i use to buy 3k last year is now 10k. Na wa o

7 Likes 1 Share

flyinnizam(m): 11:53am On Aug 01, 2024
How has Chevron benefited Osubi ever since?

3 Likes 1 Share

GreyWolf01: 12:48pm On Aug 01, 2024
This is mischievous misinformation.

Rigs are automated. Once set up and running, crude extraction never stops.

So what is this crap that Arik will affect crude extraction or that extraction is daily?

Are these people just so stvpid? Or you'll think readers are f.lish?

Ahahn? Make una dey get sense o.

If you want Arik to be reinstated, don't try to gaslight us with childish misinformation.

23 Likes 1 Share

Klington: 12:48pm On Aug 01, 2024


Nigeria is that country where there's no hope from any sector of the economy because only clueless cretins are in positions of authority.

2 Likes 1 Share

Gregorystarrrr(f): 12:49pm On Aug 01, 2024
Hmm
NothingDoMe: 12:49pm On Aug 01, 2024
It is accurate to state that Arik currently serves as the carrier for Chevron.

However, it is not true that there is production loss today because Arik was grounded.

Chevron should adopt another carrier for its operations. What it needs is the Dash-8, and I don't believe Arik is the only freight company with that aircraft model.

6 Likes

Anguldi(m): 12:50pm On Aug 01, 2024
Nigeria no b Lagos tongue

Agbado founder of Lagos is a scam💯

2 Likes 1 Share

sematec(m): 12:50pm On Aug 01, 2024
G
Curious346: 12:50pm On Aug 01, 2024
Hnmmm.

I have archived over 700 nairaland handles that work as trolls for APC and tnubu .

I noticed that they have been silent so far . Including confusedlady and chrisxxx.

I don't know why the corrupt and nonvocal few ,imagine that they could override the majority

4 Likes

rajiedreez: 12:50pm On Aug 01, 2024
Nigeria, a nation with multidimensional problem but her citizens only sees one problem

1 Like

ariesbull: 12:51pm On Aug 01, 2024
This nation is a nation of jokers ...so banning airline will affect crude production
Hold on a minute...how can you be saying that ARIK a domestic airline will be paying you in US Dollars ..what happened to Naira


Very funny country

1 Like

CrownedPhoenix: 12:51pm On Aug 01, 2024
We pay so much for so little in the his country.

High expenses, low standards of living.

Less people are flying these days. In turn, means less income for the airlines.

Exchange rate all-time high. How would they cope with loan repayments. Then they get banned!

Smh. Nigeria!

undecided
seunlayi(m): 12:52pm On Aug 01, 2024
Interesting
Energist: 12:52pm On Aug 01, 2024
False
IBB007: 12:52pm On Aug 01, 2024
Lol…so no other airline or private company jet for reach there

1 Like

datola: 12:53pm On Aug 01, 2024
Safety of lives is more important than any consideration.
lonelydora: 12:54pm On Aug 01, 2024
No wonder! Make we continue dey play.

By the time Tinubu is done with Nigeria, he will be competing with Sani Abacha on who looted more.
Brendaniel: 12:55pm On Aug 01, 2024
One of the biggest problem of Tinubu's government is policy somersault
integrity16(m): 12:56pm On Aug 01, 2024
They should just stop this black mail abeg, so it's only Arik has the capacity to airlift 🔰🔰 Chevron 's team? Caverton Helicopters nko amongst others nko?

Mr. CEO! Go and pay your gbese and stop disturbing us.

4 Likes

PheelzAlmighty: 12:57pm On Aug 01, 2024
Calm down guys.. this is Nigeria now.
It's how we row🤡
Michael547(m): 12:59pm On Aug 01, 2024
Ok
DarkCaesar(m): 1:01pm On Aug 01, 2024
Salewa97 who is also sewa osewa, May you encounter pains and sorrow that money can’t solve unless there is no God. You will never be truly happy regardless of whatever money you have in this life

1 Like

confusedlady(f): 1:01pm On Aug 01, 2024
Curious346:
Hnmmm.

I have archived over 700 nairaland handled that work as trolls for APC and tnubu .

I noticed that they have been silent so far . Including confusedlady and chrisxxx.

I don't know why the corrupt and nonvocal few ,imagine that they could override the majority


You must be senseless if you think the confusedlady posts on these boards because of any politician or political party.
The only thing that interests the confusedlady is bursting Ibo lies,Ibo falsehood, Ibo supremacy, Ibo propaganda, and IPOB/Biafra supremacy agenda.
Be informed that in 2024 if you post any Biafra supremacy falsehood on these boards and I see it. I will fact check your lies,expose your lies and then show you up for the charlatan and scoundrel you are.
The confusedlady does not or have time for any political party or politician for that matter not to talk of ing them.
Get that into your thick,empty skull!
Warmest wishes.

2 Likes

babyfaceafrica: 1:03pm On Aug 01, 2024
If Arik is owing, they should pay!!

1 Like

amaks: 1:04pm On Aug 01, 2024
GreyWolf01:
This is mischievous misinformation.

Rigs are automated. Once set up and running, crude extraction never stops.

So what is this crap that Arik will affect crude extraction or that extraction is daily?

Are these people just so stvpid? Or you'll think readers are f.lish?

Ahahn? Make una dey get sense o.

If you want Arik to be reinstated, don't try to gaslight us with childish misinformation.

Are the rigs fully 100% automated? Are you an oil drilling engineer? The rigs like still need some human workers intervention on site, and those workers I hear usually work on rotation, can't be left at site all year. So I guess that's where arik comes in to transport them for their rotations.

3 Likes 1 Share

GreenxGreen: 1:15pm On Aug 01, 2024
EyeCumInPiss:
God abeg deliver your people from this disastrous plague called éBola.

1 Like

Nwachinemere1: 1:17pm On Aug 01, 2024
Who is this one. You and who automates Rig. Will open mouth and be capping rubbish with ignorance. There are alternatives to get the required crew change and other logistics but may take longer and affect operation. No rig is automated and can run independent of human. Not in Nigeria and nowhere win the world yet.
GreyWolf01:
This is mischievous misinformation.

Rigs are automated. Once set up and running, crude extraction never stops.

So what is this crap that Arik will affect crude extraction or that extraction is daily?

Are these people just so stvpid? Or you'll think readers are f.lish?

Ahahn? Make una dey get sense o.

If you want Arik to be reinstated, don't try to gaslight us with childish misinformation.

3 Likes 1 Share

chrisxxx(m): 1:22pm On Aug 01, 2024
Curious346:
Hnmmm.

I have archived over 700 nairaland handles that work as trolls for APC and tnubu .

I noticed that they have been silent so far . Including confusedlady and chrisxxx.

I don't know why the corrupt and nonvocal few ,imagine that they could override the majority
For your information I don't troll for Tinubu or APC. I have only stood against your people hatred for Ikwerre people transferred to Wike.

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