Business
NNPCCautions Against Pipeline Vandalism
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has appealed to vandals to stop oil pipeline vandalism to stabilise the economy.
A statement in Abuja, by NNPC’s spokesperson, Mr Ndu Ughamadu said Baru made the appeal while receiving a delegation from the Nigerian Environmental Society (NES).
Baru said that pipeline vandalism was harmful to the environment, hazardous to the vandals and ultimately affected productivity and the nation’s economy.
The GMD restated the commitment of the corporation to adopt best industry standards in Health Safety and Environment, (HSE).
According to him, NNPC does not embark on any project without a duly certified Environment Impact Assessment (EIA) report.
“All our projects also go through commissioning and decommissioning and we do it in accordance with prevailing world standards.
“Our environmental practices are in line with the latest International Standards Organisation, ISO specification, ’’ Baru said.
He said HSE was given a major consideration before the corporation executed the recent multi-billion naira upstream investment agreements with some of its Joint Venture partners.
“Be rest assured that if there is just one company that would be environmentally compliant in the industry, it is definitely going to be NNPC,’’ Baru told the NES delegation.
Earlier, National Vice President of the Society, Mrs Dorothy Bassey, commended NNPC for its recent success, especially the signing of alternative funding agreements with JV partners and the re-invigoration of the NNPC Anti-Corruption unit.
Bassey said NES was willing to develop a symbiotic relationship with the corporation to address all concerns arising from the operations of NNPC and the oil and gas industry in general.