BUSINESS NEWS

NNPC reports explosion in OML 40 facility

NEWSMAN, Abuja – Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported an explosion at a production facility in Oil Mining Lease (OML) 40.

Development Company (NPDC), has reported an explosion at a production facility in Oil Mining Lease (OML) 40.

The corporation disclosed this in a statement signed by its spokesman Dr Kennie Obateru in Abuja, said ‘‘The incident happened while carrying out production evacuation at Gbetiokun Early Production facility’’.

Obateru said the OML 40 was being managed by its partners, Elcrest Exploration and Production Nigeria Ltd. There were no fatalities or injuries and no significant spill in the incident, News Agency of Nigeria (NAN) reported.

“There was, however, significant damage to the marine storage vessel, MT Harcourt, which will impact production by about 10,000barrels of oil per day.

“NNPC has since commenced investigation to ascertain the cause of the incident with a view to averting future occurrence,” he said.

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