LONDON, July 26 (Reuters) - Nigeria's oil production is now 700,000 barrels per day (bpd) lower as a result of persistent militant attacks on oil pipelines and infrastructure, according to state oil company NNPC. militant group Niger Delta Avengers has claimed most of the strikes, which continued even during a one-month ceasefire announced by the government in late June. Other groups have also claimed attacks. groups have primarily targeted pipelines belonging to oil majors Shell RDSa.L , ENI ENI.MI and Chevron (NYSE:CVX) CVX.N , NNPC itself, and Nigerian company Aiteo.
The Avengers claimed to have hit an ExxonMobil XOM.N pipeline connected to the country's largest crude oil stream, Qua Iboe. Exxon (NYSE:XOM) denied any attack, but declared force majeure shortly thereafter due to a "system anomaly." The company had yet to issue a revised loading programme. one terminal comes back online, another goes offline, analysts at Barclays (LON:BARC) wrote in a note, adding that "with militants wanting a greater share of the country's oil wealth, outages are likely to prevail until any agreement can be made."
In addition to Qua Iboe, Forcados and Brass River are also under force majeure, while Escravos and Bonny Light are facing significant loading delays.
Below is a table listing all Nigerian grades and outlining those affected by pipeline disruption and militancy, based on information from the companies, oil traders, Nigeria's oil minister and Reuters estimates.
Oil output at each field varies daily. Average production is around 2.2 million bpd.
Grade
Maximum
Issue
Production Expected
production
impact on return
(bpd)
field
(bpd)
Abo
25,000
Agbami
240,000
Akpo*
175,000
Amenam
75,000
Antan
50,000
Bonga
225,000
Bonny
350,000
Trans Niger up to
No estimate Light
Pipeline,
200,000
available
one of two
serving
Bonny Light,
closed since
June 8.
Outages on
other minor
lines
Brass
120,000
Force
up to
No estimate River
majeure and 100,000
available
several
attacks on
pipelines
to
No estimate
PRODUCTION - 100,000
available
following
bpd,
militant
according
attacks on
to
oil
traders.
wells[nL5N18 No force
25W8][nL8N18 majeure in
T4UH]
place
-
repairs
pipeline
extended
repairs
until at
ongoing
least
until at
August[nL8N1
least August
A83D3]
after
militant
attacks in
February,
June
30,000
Oyo
4,000
Pennington 20,000
Qua Iboe
350,000
Force
Full
Pipeline
majeure
repairs
after
expected to
"system
take one to
anomalies"
two months
Usan
120,000
Yoho
65,000
Total
2.6
up to
million
966,000
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Nigerian militants say aim is zero oil output after three new attacks
Nigerian oil output falls towards 22-year low as violence spreads