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Nairaland Forum / Nairaland / General / Politics / PENGASSAN, NUPENG Begin Strike (26559 Views)
Confusion As PENGASSAN, NUPENG Contradict Each Other On Strike / Fuel Price: NLC To Begin Strike Wednesday / Oil Marketers, Nupeng, Pengassan Call Off Strike (2) (3) (4)
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Re: PENGASSAN, NUPENG Begin Strike by Kingkamal(m): 11:27pm On May 21, 2015 |
Built2last:I beg which sufferness do you want Nigerians to resist again apart from the one that brought GMB? I think you are among the brainwashed benefactor. |
Re: PENGASSAN, NUPENG Begin Strike by Nobody: 12:00am On May 22, 2015 |
Cahmegga:We are joining soon. It is a normal thing in the academic calendar. |
Re: PENGASSAN, NUPENG Begin Strike by kings09(m): 12:39am On May 22, 2015 |
Sory 2 both unions. No sympathy frm me. None of these useless unions will go on strike for d corruption n decay in the system yet they can go on strike fighting for privately owned OMLs. Shame |
Re: PENGASSAN, NUPENG Begin Strike by 989900: 1:23am On May 22, 2015 |
Apparently, more than 50% of people that commented on this thread, can't read to save their lives. Government/'your' assets are being sold by the minister to her cronies . . . you should be asking the right questions in lieu of generic comments. 2 Likes 1 Share |
Re: PENGASSAN, NUPENG Begin Strike by manutdadex(m): 6:51am On May 22, 2015 |
Cahmegga:Nigeria trade unions are sick and foolish! |
Re: PENGASSAN, NUPENG Begin Strike by nwanwaoge(m): 7:09am On May 22, 2015 |
Let the world know the truth about NPDC & NECONDE's imbroglio. NPDC is in a Joint Venture partnership with Neconde Oil & Gas in OML42 in the ratio of 55% to 45% respectively. NPDC was appointed operator of the block in Dec 2011 owing to her long years of experience (27 years) in the exploration and production of oil and gas in the country. The company is a wholly owned subsidiary of the Nigerian National Petroleum Corporation (NNPC) with responsibility for Petroleum Exploration and Production activities. It currently operates 10 assets under its portfolio with varied interest in many other concessions. The company is currently the 5th Largest Producer in the Country with about 205,007bopd production. In the area of Gas production, NPDC is currently the largest domestic gas producer with more than 650MMSCF/D to its credit. The company has ramped up gas production from its Utorogu & Ughelli East fields in OML 34 to 420MMSCF/D, a feat that has never been achieved in the life of the block (even when Shell was the operator). Neconde on the other hand was created 3 years ago (Dec, 2011). It has no record of exploration and production of oil and gas in Nigeria or anywhere in the world. Perhaps that explains why the company was not considered as the operator of the block from the onset. Curiously though, the owner of Neconde is also the owner of a major contracting company (Nest Oil), benefitting from most pipeline and other maintenance contracts from the asset. Neconde has been reported not to have being keeping up with their cash call obligation, however report/record shows that they have been lifting crude oil even though they have not fulfilled their financial obligation to the joint venture. Ceding the operatorship of a National asset from a National Oil Company to a company that has no verifiable practical record of competence, capacity or experience in the exploration and production of oil and gas anywhere in the world is the greatest disservice Nigeria can do to herself. It could also affect her image in the organization of petroleum exporting countries (OPEC), where only countries with National Oil Companies are members. 4 Likes |
Re: PENGASSAN, NUPENG Begin Strike by nwanwaoge(m): 7:18am On May 22, 2015 |
Let the world know the truth about NPDC & NECONDE's imbroglio. NPDC is in a Joint Venture partnership with Neconde Oil & Gas in OML42 in the ratio of 55% to 45% respectively. NPDC was appointed operator of the block in Dec 2011 owing to her long years of experience (27 years) in the exploration and production of oil and gas in the country. The company is a wholly owned subsidiary of the Nigerian National Petroleum Corporation (NNPC) with responsibility for Petroleum Exploration and Production activities. It currently operates 10 assets under its portfolio with varied interest in many other concessions. The company is currently the 5th Largest Producer in the Country with about 205,007bopd production. In the area of Gas production, NPDC is currently the largest domestic gas producer with more than 650MMSCF/D to its credit. The company has ramped up gas production from its Utorogu & Ughelli East fields in OML 34 to 420MMSCF/D, a feat that has never been achieved in the life of the block (even when Shell was the operator). Neconde on the other hand was created 3 years ago (Dec, 2011). It has no record of exploration and production of oil and gas in Nigeria or anywhere in the world. Perhaps that explains why the company was not considered as the operator of the block from the onset. Curiously though, the owner of Neconde is also the owner of a major contracting company (Nest Oil), benefitting from most pipeline and other maintenance contracts from the asset. Neconde has been reported not to have being keeping up with their cash call obligation, however report/record shows that they have been lifting crude oil even though they have not fulfilled their financial obligation to the joint venture. Ceding the operatorship of a National asset from a National Oil Company to a company that has no verifiable practical record of competence, capacity or experience in the exploration and production of oil and gas anywhere in the world is the greatest disservice Nigeria can do to herself. It could also affect her image in the organization of petroleum exporting countries (OPEC), where only countries with National Oil Companies are members. RICHIEBOI1: 1 Like
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Re: PENGASSAN, NUPENG Begin Strike by ibitzbarlow(m): 7:41am On May 22, 2015 |
buJu234: |
Re: PENGASSAN, NUPENG Begin Strike by ibitzbarlow(m): 7:44am On May 22, 2015 |
@buju234 You are rather misled my brother. I think you read too much of what our compromised journalists report. I comment as an insider and not as one who speaks based on what he read on the pages of newspapers. If NECONDE has paid you what they owe you on your contractual dealings with them it doesn't imply that they hv fulfilled their cash call duties on the Asset. Let me explain : If $5BILLION is budgeted and expected to be cost of running an asset for a year, the JV partners are expected to fund the budget in relation to the interest they hold in the asset. That is, if a partner's holding interest is 45%, then he is expected to provide 45%of the $5 billion for the running of the assets. This is where NECONDE is defaulting. Some commentators think it's deliberate so as to starve NPDC of funds for the running of the asset. This frustrates NPDC'S efforts and is aimed at making NPDC look incompetent in operating the asset. On the sales of the asset you talk about, NUPENGASSAN hasn't said the assets were sold. Their grouse is against the clandestine transfer of operatorship to a partner who has not fulfilled his cash call obligations. On your claim about NPDC owing communities around Batan, Odidi etc, that's utter gibberish. How can NPDC owe communities? Are they paying them subventions? No! Maybe you intend to say Community workers/Contractors. If you are truly an NPDC contractor, then you should know that as a matter of policy ( due to government's late approvals),NPDC requests her contractors to have the capacity to pay their workers 3 months salary evrn without receiving payments from NPDC. A contractor can only claim to be owed by NPDC 90 working days after the submission of his invoice. Most of you contractors know this, go ahead and sign the contract papers and then owe your workers several months salaries. You then hide behind the excuse that NPDC hasn't paid you. For the joint operatorship you mentioned, I guess you read it on the papers! NUPENGASSAN was told of the JOM bring adopted but the letter that came to NPDC did not say JOM but instructed the MD, NPDC to hand over operatorship of the asset to NECONDE. Government says A but does B. This deceit was responsible for the strike action not being taken earlier. All along, the thinking was that a JOM was being implemented until that directive came. My friend, you should know by now that I know more than you read on the pages of newspapers. Many journalists do not even understand this abracadabra so they report according to their understanding or compromised consciences. [/quote] 4 Likes |
Re: PENGASSAN, NUPENG Begin Strike by Built2last: 8:24am On May 22, 2015 |
Kingkamal: who is this slowpoke son of a retard? |
Re: PENGASSAN, NUPENG Begin Strike by lolaluv1(f): 10:02am On May 22, 2015 |
nwanwaoge:Word. 1 Like |
Re: PENGASSAN, NUPENG Begin Strike by nelandrewz(m): 10:05am On May 22, 2015 |
Somebody is leaving this country in total chaos. I guess it is to punish the citizens for their crime in March 28. I didn't mention name o. 1 Like |
Re: PENGASSAN, NUPENG Begin Strike by lolaluv1(f): 10:23am On May 22, 2015 |
989900: Na so! 1 Like |
Re: PENGASSAN, NUPENG Begin Strike by christee(f): 12:14pm On May 22, 2015 |
FROM FRYING PAN TO FIRE. THE SITUATION WILL BE UNBEARABLE |
Re: PENGASSAN, NUPENG Begin Strike by Peacefullife: 1:22pm On May 22, 2015 |
buJu234: buJu234:Personally, I think you are a paid agent of Neconde, either directly as a staff or indirectly through other means. That probably explains why you are averse to the truth. So you think NPDC staff are not competent? Yet, they said they have achieved what SPDC could not acheive in terms of production in the divested assets. They went further to buttress their argument with facts which every objective person believe. So, have they not surpassed the capacity of IOCs which you said should be met. You also insulted civil servants, which to me, makes you immature. Secondly you spoke about Neconde not owing and NPDC not paying. It may interest you to know that Neconde has not paid a dime since May 2014 as cash call, and only NPDC has been financing the operations. Specifically, Neconde owes NPDC over N9billion and US$450million as cash calls arrears. So who is owing who. For knowledge purposes also, oil companies owe contractors and not communities. So, mentioning Odidi, Batan, Egwa etc shows you know next to nothing about this asset causing the brouhaha. The JOM that you spoke about has also been overtaken by events. It shows that you are not in tune with reality at all. It is now outright transfer. As for why NPDC is against JOM, I got some reasons which I am unwilling to share on this forum. Finally, I don't think the strike is about the salary or welfare of NUPENG and PENGASSAN members, rather it is about ensuring that what belongs to Nigeria is left for her, and not scandalously transferred to private hands. One question you should honestly ask yourself: How come the transfer became necessary only few days to the end of an administration that has been in power for six years? Your guess is as good as mine. 3 Likes |
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