By Adedapo Adesanya
Italian oil major, Eni, which is the parent company of Nigerian Agip Oil Company (NAOC), is set to resume its contract after it lifted force majeure on Brass terminal, Bonny NLNG and Okpai power plant following the restoration of the Ogoda/Brass 24 oil pipeline at Okparatubo, Nembe Local Government Area, Bayelsa State.
The embargo was lifted on Friday after completing repairs to the pipeline hit by blast on March 5. The company had earlier announced its intention to lift the embargo last week.
The energy firm had blamed the cause of the leak on third-party interference.
After the blast on March 5, Eni said all wells conferring in the pipeline were immediately shut-in whilst river booms and containment barges were mobilised to reduce the impact of the spill.
Deferred production was estimated at 25,000 barrels of oil per day and about 13 million cubic feet of gas per day.
The blast was the second in the area in a few days.
A former event occurred on a riser of the Obama/Brass 18 oil line on February 28 and caused a production deferment of about 5,000 barrels of oil per day for a few days.
The unfortunate incident occurred at a time when no fewer than 14 power plants have been in a limbo state for over two months, and reports of national grid collapses did the rounds, plunging the country into an endless round of power outages.
Dipo Olowookere