Seriously. What’s new? This is no different than anything we’ve heard before. “MEND Kidnaps Oil Workers;” “MEND Attacks [yet another] Oil Tank.” When will it end?
So the “new” issue in Nigeria in that MEND, Nigeria’s main militant group, has, yet again, threatened to sabotage yet another gas pipe. The only exception? This one’s on the Sahara. Oh, and the gas pipe? It’s worth of $13 billion.
The project is expected to pump Nigerian oil directly to Europe through a pipe under the Sahara Desert. Capital costs are an estimated $10 billion for the pipeline itself and $3 billion gathering centres. It’s expected to send up to 30 billion cubic meters of gas to Europe a year through a 2,580 mile pipeline from Nigeria to Niger and Algeria.
Russian gas monopoly Gazprom, France’s Total, and Anglo-Dutch energy giant Royal Dutch Shell are among the international firms to have expressed interest in participating in the project.
MEND has released a statement in an email saying “Those talking to the wrong people in Abuja about investing in the Trans-Sahara gas pipe project will be investing unwisely as we are determined to sabotage the project from inception.” MEND makes these threats habitually; it called off a ceasefire at the on 31 January, 2009 but, due to stepped up military involvement, it has not been able to make any significant strike against the oil industry.
But the latest statement from MEND undermines the notion that the pipeline could become a secure source of energy for Europe.
Well, I guess we’ll just have to wait and see what happens.
“Read More…”
This article reverts back to what we learn in class about Nigeria being a somewhat important source of the world oil supply; it already supplies 10 percent of the world supply, much of it to Europe and North America. Nigeria has an estimated 180 trillion cubic feet in natural gas reserves, the seventh largest in the world. So I term of energy supplies , the U.S. and Europe really need this oil and really don’t need militant groups like MEND ruining it for them.
“Grade This Post”
So the “new” issue in Nigeria in that MEND, Nigeria’s main militant group, has, yet again, threatened to sabotage yet another gas pipe. The only exception? This one’s on the Sahara. Oh, and the gas pipe? It’s worth of $13 billion.
The project is expected to pump Nigerian oil directly to Europe through a pipe under the Sahara Desert. Capital costs are an estimated $10 billion for the pipeline itself and $3 billion gathering centres. It’s expected to send up to 30 billion cubic meters of gas to Europe a year through a 2,580 mile pipeline from Nigeria to Niger and Algeria.
Russian gas monopoly Gazprom, France’s Total, and Anglo-Dutch energy giant Royal Dutch Shell are among the international firms to have expressed interest in participating in the project.
MEND has released a statement in an email saying “Those talking to the wrong people in Abuja about investing in the Trans-Sahara gas pipe project will be investing unwisely as we are determined to sabotage the project from inception.” MEND makes these threats habitually; it called off a ceasefire at the on 31 January, 2009 but, due to stepped up military involvement, it has not been able to make any significant strike against the oil industry.
But the latest statement from MEND undermines the notion that the pipeline could become a secure source of energy for Europe.
Well, I guess we’ll just have to wait and see what happens.
“Read More…”
This article reverts back to what we learn in class about Nigeria being a somewhat important source of the world oil supply; it already supplies 10 percent of the world supply, much of it to Europe and North America. Nigeria has an estimated 180 trillion cubic feet in natural gas reserves, the seventh largest in the world. So I term of energy supplies , the U.S. and Europe really need this oil and really don’t need militant groups like MEND ruining it for them.
“Grade This Post”
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