Renaissance Group confirmed an explosion on its Trans-Niger pipeline in Rivers State and has sent a team to investigate. The incident resulted in a fire in the Bodo community, with video evidence showing flames and smoke. The Trans-Niger Pipeline, now under Renaissance management, had previously been operated by Shell.
The Renaissance Group has reported a recent explosion on its Trans-Niger oil pipeline located in Rivers State. On Tuesday, spokesperson Tony Okonedo confirmed the occurrence of this incident to Reuters, stating that a team has been dispatched to investigate the situation. However, additional details about the incident have not been provided.
TheCable reported that a rupture occurred in the Bodo community of Gokana Local Government Area, leading to a significant fire in the vicinity late Monday night. Online footage revealed thick black smoke and flames engulfing the surrounding mangrove forest, illustrating the severity of the explosion.
The Trans-Niger Pipeline, currently managed by Renaissance, was previously operated by the Shell Petroleum Development Company of Nigeria Limited (SPDC). This vital pipeline has a transport capacity of approximately 450,000 barrels per day, facilitating the movement of crude oil from onshore fields to the Bonny export terminal.
On March 13, 2023, Renaissance Africa Energy Holdings announced its successful acquisition of Shell’s total equity interest in SPDC. Renaissance comprises a consortium of Nigerian exploration and production companies, including Aradel Energy, First E & P, Waltersmith, and ND Western, in collaboration with the international energy entity Petroline.
In summary, the explosion on the Trans-Niger Pipeline necessitates an immediate investigation, with Renaissance Group mobilizing a team to the site. The incident, which resulted in a significant fire, has raised concerns given the pipeline’s critical role in crude oil transportation. The acquisition of the pipeline by Renaissance underscores its increasing importance in Nigeria’s energy sector.
Original Source: www.thecable.ng
