Business
TFT Shutdown Records N225 Bn Loss
Nigeria has lost about N225 billion ($1.5 billion) in just five months that the Trans-forcados Trunidine (TFI), a gas facility owned by Shell, was shut down, The Tide gather ed at the weekend.
The huge loss was as a result of persistent attacks on the facility, which has dipped the gas supply to major power stations in the country, frustrating the Federal government’s efforts on 6,000 MW promised.
A letter written by the Managing Director of Shell, Mutiu Sunmonu, to the Delta State Governor, Emmanuel Uduaghan, which was obtained by our correspondent, showed that eight additional damages has been done on the trunk line.
Sunmonu, in the letter maintained that the current total production from Delta State is about 30,000 bbls as against a capacity of 300,000bbls.
The letter read: “We refer to your last meeting of Friday, December 4th at your office where I reported the massive damage inflicted on the above mentioned facility.
It is with deep regret that I wish to further inform you that rather than abate, the damage to this line continues.
Sunmonu continued: “As of today, December 18, 2009, we have confirmed additional 8 recently damaged points on the TFP.
“Your Excellency, this is most frustrating and to say the least a huge loss to the nation as well as Delta. In real terms, the TFP, which has been out of service since June 2009, has recorded a loss of Circa 20 million bbls, equivalent of $1.5billion loss of revenue to the nation.
“The current total production from Delta State is about 30,000bbls as against a capacity of 300,000bbls.
“Apart from this, there is a threat to gas supplies from Utorogu, Oben, Sapele and Ughelli East, as current practice of transferring condensate through the UPS to WRPC is not sustainable for operational, technical and safety reasons.
“I shall continue to count on your invaluable support to arrest this development before it drives us back to pre-amnesty levels.
“We have delivered on all action points agreed upon at our December 11, meeting and would be expecting the other parties to up their game and also deliver on their part of the agreement.”
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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