A recent report from the Nigerian National Petroleum Corporation (NNPC) says the production of natural gas in the country has risen by over 8 percent since June this year.
The report disclosed that during the period under review, pipeline breaks stood at 204, out of which 16 pipeline points either failed to be welded or ruptured while a total of 1,858 vandalized points were recorded between July 2017 and July 2018.
It also indicated that 188 pipeline points were vandalized as against 165 recorded last month, with Ibadan-Mosimi accounting for 124 points or 66 per cent of the vandalized pipeline while Aba-Enugu, Port Harcourt-Aba and other locations accounted for the rest.
In the Upstream Sector, the report disclosed that average crude oil price stood at 72.57 dollars per barrel in July 2018 as against 72.67 dollars per barrel in June 2018.
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