By Fred Akanni, Editor in Chief, in Warri
With the shut in of the Trans Forcados pipeline, their crude evacuation route, six Nigerian owned E&P companies faced the prospect of zero production for an inordinate amount of time.
Three of them opted to barge some of their crude through rivers and export through FPSOs.
But there were initial challenges.
Now those hurdles are clearing and the barging route has become a surer alternative for crude from Seplat’s Oil Mining Leases 4, 38 and 41; Elcrest’s OML 40 and Neconde’s OML 42.
Other companies are scrambling on this barging route as alternative to the pipeline route.
Read the full details in the OTC 2017 Edition of the Africa Oil+Gas Report, here