Insight: Nigeria’s oil sector looks for sweet spot amid power struggles

“We are ready to bring it down. It won’t drill a barrel of crude,” tweeted Mudoch Agbinibo, the leader of the militant group Niger Delta Avengers, which in 2016 brought Africa’s largest oil producer to its knees with brazen attacks on the Delta’s oil facilities. The tweet referred to the floating production storage and offloading unit of the 200,000 b/d Egina field, which is due to start up later this year, pushing up Nigeria’s oil output by over 10%. Mudoch’s tweet came in February, as the Egina FPSO first reached the shores of Nigeria via a South Korean shipyard. This also happens to be the last time Agbinibo appeared on social media. The Niger Delta Avengers, a group of which little is known, have basically been dormant since then, barring for some apocalyptic threats. Despite this hibernation by the group, the din in the Delta is gradually growing and the chances are high that the Avengers, along with a handful of other militant groups, will plan attacks on oil infrastructure. The government has so far also pledged to prevent fresh outbreaks of militancy and violence in the Niger Delta. It has found ways to keep the militants quiet through a… continue reading

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Source: CTRM Center

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