cktheluckyman:

WHO IS SUPPOSED TO SECURE THE PIPELINES? BUHARI IS A CERTIFIED FAILURE!!! EVEN A DAY OLD BABY KNOWS THAT

989900:


Says the tribal bigot and militancy advocate.

It's all there in your previous posts.

989900:


Says the tribal bigot and militancy advocate.

It's all there in your previous posts.

theV0ice:


Except you wish to be mischievous, exploration in the northeast didn't start last year. It was very much on during the regime of GEJ.

Buhari has a chance to stop it but pls stop making it look like that is the reason for our non preparation.

If the past regime had been faithful to its obligations with respect to JV cash calls during the time of plenty, the IOC's will be ready to fund new operations.

kolokolobi:
I do not like the blame game. But I also do not like those that have entrenched themselves in political pits not to know that their man and hero messed up big time. His actions and inactions will take a long time to be cleansed or erased. I'm making no excuses for this government and I'm no party entrenched supporter but only a Nigerian that wants Nigeria to work. I observe the present president's rigidness to new ideas and ways. He has a military background. It's not an excuse. But I'm willing to cut him some slack. I also respect his firmness and toughness so much so that the legislators that sent him a budget to sign with threats that if he doesn't they will do their worst. He kept quiet, stuck to his guns that some changes to align with original intentions must be brought back in. The legislature with tails in between their legs realigned that budget and brought it for signing. They knew he wasn't going to bribe his way to have it done and they did. This shows strength and character. In the midst of all this and the Avalanche of revelations of how they were carrying on in the past I will not wish that we go back there. They that sat while oil rallied at so much highs and didn't plan for today but rather shared it amongst themselves not thinking of today are a set of most wicked human beings. I don't even call it corruption. It's pure plain wickedness.

OGGS2000:


Please can you give us your source and the company doing the exploration. After Jibril Aminu as petroleum minister No exploration has happened in the North east.

cktheluckyman:
Buhari is a certified failure!!! that is what you get when you foist an illiterate on a country as leader

theV0ice:


The only magic to get the IOC's to open their vaults is the PIB and I expect you to admit this govt is giving it more serious attention than all the previous admins put together.

PMB, Osinbajo and Kachikwu are pursuing the reforms in the oil industry with speed and it even resulted in getting funds of about $1.2B to fund new JV projects recently.

http://thebusinessdispatch.com/nnpc-secures-1-2b-funding-for-36-jv-oil-wells-with-chevron/

Try and acknowledge this my friend. You won't die if you do.

NavierStokes:


Anyways i don't need to reveal too much on here, it is so out in the open that we are least prepared for the impending rise in oil prices. If that isn't cataclysmic already then I don't know what is. There is much work to be done. This is not a time for singing praises rather one of pushing the people in power to work really hard to ensure sustainable growth and development.

theV0ice:


The govt of 1 year is already doing all it can to increase our capabilities even if you must staple your eye lids together to avoid seeing it.

Iran didn't start preparing for an increase last year. They were already doing it even under sanctions while a country selling at record prices and with no inhibitions refused to plan like a true community of prodigals and we are now rightly paying the price.

I've apportioned blames to the country. I guess we are good now?

NavierStokes:


Pretty obvious.

theV0ice:


You're always quick to jump on the blame game without as much as pointing out a reason why we got into the hole in the first place. The govt doesn't do the spending. There's a joint venture and every honest child knows the IOC's who operate this industry have had enough with the Nigerian govt with respect to dishonesty, debts etc.

To think that GEJ could arm twist PDP chieftains to get 2nd term yet couldn't do same to get PIB passed for his 5 year rule is almost unforgivable. The IOC's WILL NOT COMMIT MORE RESOURCES WITHOUT THE PIB and the buhari admin is already treating it with the urgency it deserves.

Where will the money for new investments come from if not the IOC's? How will they invest without the policy document called PIB?

But have you ever being honest enough to acknowledge that this govt is at least making some progress with respect to the same PIB? In fact, have you ever thanked buhari and kachikwu for reducing the cash call obligations they inherited from GEJ despite selling crude for far less than GEJ sold?

Eruditor:


Stop engaging that guy. You won't find a more dishonest person in the whole of NL, I tell you. This is a guy that subtly supports militancy and never saw anything wrong with GEJs govt.

Did you notice how as soon as you pointed him out to the fact that GEJs govt caused this rot and even begun the exploration for oil in the NE, he skillfully avoided that line of thought and harped on the fact that PMB should be clamoring for a cessation of that agenda since we are in tough economic times?

Don't be swayed by those words. It is not an open discussion to them. They are here to make proselytes of gullible Nigerians by making them to buy into the farce that was the previous govt.

Eruditor:


Stop engaging that guy. You won't find a more dishonest person in the whole of NL, I tell you. This is a guy that subtly supports militancy and never saw anything wrong with GEJs govt.

Did you notice how as soon as you pointed him out to the fact that GEJs govt caused this rot and even begun the exploration for oil in the NE, he skillfully avoided that line of thought and harped on the fact that PMB should be clamoring for a cessation of that agenda since we are in tough economic times?

Don't be swayed by those words. It is not an open discussion to them. They are here to make proselytes of gullible Nigerians by making them to buy into the farce that was the previous govt.

NavierStokes:


I have stated here on nairaland many months ago that exploration at a time like this, at the expense of several stalled projects in the developmental phase is a "stupid" thing to do. You can chose to make any deductions whatsoever. Have a great day my friend and keep on with the blame trading.

cktheluckyman:


Buharis the commander-in-chief of the armed forces!! His primary responsibility is te security of lives and properties which he has so far failed to keep.

cktheluckyman:
Buhari is a certified failure!!! that is what you get when you foist an illiterate on a country as leader

theV0ice:


Its obvious you know nothing about the oil industry and are only interested in rable rousing. So exploration should stop? How do you build up your reserves without exploration? How do you increase production without building up reserves?

Which stalled projects are you whining about?

NavierStokes:


You must be very naive about oil and gas, I will chose not to talk any further. You can sit behind your computer putting baseless arguments against someone you obviously do not know.

Have a great day my friend.

NavierStokes:


You must be very naive about oil and gas, I will chose not to talk any further. You can sit behind your computer putting baseless arguments against someone you obviously do not know.

Have a great day my friend.

rolchi:


My dear friend, you sound very knowledgeable about the Nigerian Oil/Gas Industry and I agree with you 200% that many Nigerians do not know what is happening. They base their very factless opinions on the narratives presented by the government with its heavy media representations but fail to ask questions.

For example, if Chevron is coming to take Warri Refinery as narrated by HMSPR (Dr. Ibe Kachukwu), do you really think that Chevron will want any other Refinery to be 'co-located' within its area of vicinity and use its same facilities?

There is so much vagueness today and the current government is not helping the situation. In fact, they are thinkless. Now, we have a budget, the truth will soon be seen. But alas, will the supporters of today govt accept the truth when they see it?

I wish you well Sir and please, try not to respond to some of these folks who do not know.

theV0ice:


Nothing is worse than an ignoramus attempting to patronize an expert in the field. So we should believe anonymous you instead of Dr Kachikwu, a former vice chairman of the number one oil company in the world?

Do you know how many oil companies actually share facilities at the moment in Nigeria?

Why don't you guys learn some humility and shut up on issues beyond your comprehension? What do you imagine Dr Kachikwu meant by co-location? Ask Platform Petroleum Ltd or Midwestern oil how they're able to produce and ship their oil for export before you conme talk about something you obviously know nothing about.

rolchi:


You are definitely not on ground! Refining Business is different from Exploration Business...that is why even in the NNPC headed by Kachukwu, you have Upstream and Downstream Divisions! The question is "why didn't he merge these two divisions in his 'two seasons' of reorganization.

Sir, you are not on ground...your eyes of understanding will be opened as the day gets clearer.

Good Day Sir!

Any by the way, nobody is fighting Ibe's qualifications! He is yet to fully understand the 'octopus' monster known as NNPC!

cktheluckyman:
Buhari is a certified failure!!! that is what you get when you foist an illiterate on a country as leader

rolchi:


My dear friend, you sound very knowledgeable about the Nigerian Oil/Gas Industry and I agree with you 200% that many Nigerians do not know what is happening. They base their very factless opinions on the narratives presented by the government with its heavy media representations but fail to ask questions.

For example, if Chevron is coming to take Warri Refinery as narrated by HMSPR (Dr. Ibe Kachukwu), do you really think that Chevron will want any other Refinery to be 'co-located' within its area of vicinity and use its same facilities?

There is so much vagueness today and the current government is not helping the situation. In fact, they are thinkless. Now, we have a budget, the truth will soon be seen. But alas, will the supporters of today govt accept the truth when they see it?

I wish you well Sir and please, try not to respond to some of these folks who do not know.

theV0ice:


I'm actually on ground my friend and I'm telling you that you have no basis to say what you said about Chevron and the co-locator refineries. If you truly know about the business, you will not speak that way.

What has upstream and downstream got to do with co-locator refineries? Do you know that Exxon Mobil where Kachikwu left as vice chairman is actually one of the biggest players worldwide in the downstream sector so he actually has an idea of what he's saying and doing?

We know NNPC is a coven of witches, wizards and cabals and Kachikwu is sweating to unravel it but pls the last thing he needs is negative people trying to kill the enthusiasm in the name of opposition. Criticize him all you will but it'll also be nice you at least have the candour to admit the guy is making some good and patriotic moves.

rolchi:


Sir, you mentioned some Oil companies with co-location facilities. It shows you are somewhere in the radar of Oil/Gas. Now, even those companies can never share some facilities...atleast you agree to this.

For the purpose of this patriotic discussion, I assume you are very familiar with Refining Business in Nigeria or perhaps you have worked in or around any of the 3 refineries. Do you believe in Co-location possibilities?

Now Mobil you mentioned, own their refineries and do point to me where they share a facility of refining with another refiner anywhere in the world.

Again Dear Sir, anywhere there is co-location if any thing in the Upstream, either of the party is paying somehow, and I am sure you agree with me that in this our O/G...nothing and absolutely nothing is free!

It is too sensitive to talk about some issues in an invincible online forum.

Enjoy your day Sir.

It is almost time for one plate of full sized and complete isi-ewu with a chilled bottle of smooth stout!

theV0ice:


And you think the party that'll share facilities with Chevron (if they take over PH refinery) will not pay? You assume their won't be fees? What has Kachikwu said to hint at that presumption?

My friend, I believe you and Stokes aren't like the jobless useless, hopeless and hateful trolls who populate this forum now so it saddens me that you could join the bashing train without giving Kachikwu the benefit of the doubt. The most important thing is that Kachikwu's ideas are very workable. Let's see them bring out the details first.

The communication dept of this govt is one of the poorest I've ever seeing and its responsible for many of the misconceptions going on I admit.

Abeg add monkey tail to that isi-ewu combo abeg. Where I dey presently, its incomplete without it

rolchi:


Monkey Tail keeps the conversation going!

If you can locate Radler and co-mix it with Red Wine...sure bro, you are at the sixth gate of heaven!

Do you think they can pay when govt is still regulating the price of refined products? Well, since Dr. Ibe Kachukwu says the downstream will be fully deregulated in another 12months, we will wait till then to compare notes.

Actually, the FG is proposing to Chevron to take over Warri Refinery; Agip to go with Port Harcourt Refinery and Total to take Kaduna Refinery. Of these 3, WRPC is the most viable (consider this as an inside info ); but....let's wait and see for another 12months

I don place order for that package already....make I rush go collect the 'program' for Nwanyi Owerri joint!

theV0ice:


You're always quick to jump on the blame game without as much as pointing out a reason why we got into the hole in the first place. The govt doesn't do the spending. There's a joint venture and every honest child knows the IOC's who operate this industry have had enough with the Nigerian govt with respect to dishonesty, debts etc.

To think that GEJ could arm twist PDP chieftains to get 2nd term yet couldn't do same to get PIB passed for his 5 year rule is almost unforgivable. The IOC's WILL NOT COMMIT MORE RESOURCES WITHOUT THE PIB and the buhari admin is already treating it with the urgency it deserves.

Where will the money for new investments come from if not the IOC's? How will they invest without the policy document called PIB?

But have you ever being honest enough to acknowledge that this govt is at least making some progress with respect to the same PIB? In fact, have you ever thanked buhari and kachikwu for reducing the cash call obligations they inherited from GEJ despite selling crude for far less than GEJ sold?