CAPE TOWN Nov 1 (Reuters) – Nigeria’s largest indigenous oil and gas firm, Oando Plc said pipeline attacks in the Niger Delta over the past year have led to a revenue shortfall of between $650 million to $750 million across its joint venture operations.
“So this equates to somewhere between 50,000 to 60,000 barrels per day (of lost production), not just to us but all of the partners,” Pade Durotoye, chief executive of Oando Energy Resources, told Reuters on Tuesday on the sidelines of an African oil and gas conference in Cape Town. (Reporting by Wendell Roelf; Editing by James Macharia)
