Total's statement released December 4, the collaboration is a follow-up to the start-up of the Obite-Ubeta-Rumuji pipeline and the Northern Option Pipeline (NOPL) projects by both companies in August 2016.
The first pipeline is a 42-inch gas pipeline, extending 45 km from Obite to Rumuji in Rivers State and will transport both domestic and export gas. The NOPL project consists of a 50 km, 24-inch gas pipeline starting at OML 58 in Rivers State and ending at the Owaza node in Abia State.
The two gas pipes are part of the ambitious OML 58 Upgrade initiative to increase oil and gas output, improve integrity of the facilities, and eliminate flaring from the mature onshore field.
Total is confident it can install new pipelines in the Niger Delta then I am sure we can deliver product without problems the short distance from OML 18 to Bonny terminal - rumours abound we are increasing output from our existing wells which will hopefully be reflected in our in dividends for existing SLE share holders.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.