PENGASSAN Strike Cuts Nigeria's Oil Output by 283,000 Barrels, Power Supply Affected
The Nigerian National Petroleum Company Limited (NNPCL) reported a significant reduction in oil and gas production by 283,000 barrels per day following a strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). This led to a 16% decrease in national output and a drop in gas production, impacting power generation in the country.
The strike resulted in missed crude liftings and reduced gas sales, causing substantial revenue losses for NNPCL. The company activated a business continuity plan to manage operations and mitigate the impact on revenue and power supply.
Plus234Feed summary based on reporting from News Online Nigeria. Read the original report below.
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