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!

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? The main thing I've heard Kachikwu talk on sharing facilities is in the area of power generation which is very capital intensive. Of course they won't share all facilities.

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:


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!

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:


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.

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? Has it occurred to you that Kachikwu has seen an example somewhere before attempting to replicate it now?

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.

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.

You're the naive one who is against exploration while preaching taking advantage of future oil price increase. Nothing can be more baseless and contradictory than the position you've taken.

Indeed you need to have a good day my friend.

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.

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?

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.

I noticed that as the discussion continued. I assumed he was actually 'genuinely' concerned. I didn't know he's one of those who see GEJ as a type of Christ hence infallible and beyond reproach.

NavierStokes:


Pretty obvious.

Sure it is.

With the action on PIB being expedited, transparency initiatives being implemented, units being positioned for profitability, paying up JV debts of previous admin even with the precarious financial position etc, it should be obvious even to the blind

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.

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?

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.

Ask those who first mentioned exploration in the northeast to give it to you.

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.

I endorse your post 100%!!

989900:


Says the tribal bigot and militancy advocate.

It's all there in your previous posts.

Don't mind the obtuse fellow. He wishes to buy fuel @ 87 naira but he also holds night vigil praying for hoodlums to hit oil pipelines so he can pleasure himself in his closet.

When a crippled relative drinks a laxative, his problem becomes the wahala of the entire family. We are all paying a price for being country men to negative folks like him.

cktheluckyman:

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

While GEJ was and still is a certified and laminated failure. Even an unborn child knows that

NavierStokes:


I wouldn't want to list the number of projects that had been stalled because the govt, says no money.
My question is what has the government done to address these issues since they got on board. What policies, what guidelines what actions have they taken so far?
So if the previous administration per se has a "shortcoming", then was this government planning on coming to sit foldhands and watch? Or she rolls her sleeves and gets to work.
How long has it taken Iran to ramp up production post sanctions, and with no external help?

IOCs not bringing money is not an excuse, Jonathan is not an excuse, it is PMB's watch and I don't have to look too far to know where the buck stops.

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:


There lies the answer, This period is supposed to be a time of rounding up with several projects in the development phase that had been stalled, there is no action taken so far by this administration that gives an indication of preparations for tomorrow.
Oil prices will rise, the driving season is almost here upon us, and Nigeri will export 1.5million barrels a day. Keep absolving this administration oranyone before or after it.

I am pointing out a failure of our leadership and of course the average supporter will make it a battle of current vs previous administration.

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?

NavierStokes:


And exploration in the North east at a time like this should be priority innit?

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.

cktheluckyman:

Buhari has been presidiot for 1 year now.Enough of your stupid blame on GEJ

And how about selling you to pay up this debt below left by your hero who was presidiot for 5 years yet couldn't pay even with selling crude above $100/barrel?

http://www.dailytrust.com.ng/news/business/experts-multibillion-dollar-cash-call-debts-leaves-nnpc-broke/131792.html

In fact, we have buhari and kachikwu to thank for sustaining the little activity going on by paying up cash call obligations they met from your much beloved 5 year presidiot.

ObinnaIzuora:


FFK was cursed and labelled drug addict just last year but he automatically becomes the SE hero for supporting GEJ, same for Kemi Olunloyo. Just insult the President and you have there vote anyday anytime yet an A.boki is still going to be the PDP Presidential candidate comes 2019. Pathetic

Pls it's not pathetic

Every gworo chewing, kunu drinking Northerner is welcome to rule even if It's Shekau as long as it's not Buhari.

Sheriff/Fayose 2019

Fayose/Shekarau 2027

ObinnaIzuora:


Lol. You think Yoruba people are illiterate or dummy. Study the last election pattern and you wont be spewing all this Fayose this and that. No one take Fayose serious except people from the South East since they love anyone against Buhari. Osama Bin Laden will be a hero in the east if he insult Buhari daily like Fayose.

Actually that is Fayose's most enduring and endearing quality and it's surely enough to propel him to higher office. What other quality do you want him to have?

Sheriff/Fayose 2019

coldFLARES1:
This postulation is about the funniest thing I've read today. With the ecstasy you guys are amplifying the joke by those northern politicians, I now know that Fayose is not alone in suffering from his psychotic disorder.

Nor to dis country we dey? Make una present that crase man for una pair of presidential candidates make una confirm say we no get space for jokers wey e worse pass Buhari.

I don't understand nor care to understand what you're trying to explain.

All i know is that the elders have spoken and the gods have signed it.

Sheriff/Fayose 2019

Fayose/Shekarau 2027

Jdesilentkiller:

I got distracted, sorry.

ok

Marvin67:


You're very correct. Remember PDP just zoned the chairmanship position to the North, with Sheriff's influence, PDP would get the attention of approval of the northerners again. If you look at the rally in jigawa, you'd know that PDP is getting back on course in the north. In 2018 when the chairman's tenure expires, the presidency would be zoned to the north, VP to the SE, and party chairman to the SW , which would make fayose the ambition PDP chairman. With fayose as chairman, you know how scared APC would be. Everything is on course.

APC is already scared even as we type.

Sheriff/Fayose in 2019

Fayose/Shekarau in 2027

JuanDeDios:

are u surprised?

the elders have spoken.

Sheriff/Fayose in 2019

Fayose/Shekarau in 2027

Jdesilentkiller:

Hope U know he is being sarcastic. My honest opinion is that PDP should be rebranded, repositioned or more importantly, scrapped. But with the way PDP is going up and down making wrong decisions, it might implode without APC lifting a finger.

and after reading my posts on this thread, what do they sound like to you?

yinkslinks:
can we try igbos please? haba

So you want all Fayose's noise and courage to go free like that?

His biggest supporters are from there so they won't complain surely

ChazzyGee:
Fayose.... Great Philosopher and a decorated politician... Best in the West and felt nationally... Always performing differently.
"great minds, do great things"

and of course better than all in the east while being felt nationally. Wish all in the east can develop balls like him and display some courage too

I join you hail him too my friend

handie:
I'm gonna hop on this train. Sheriff/Fayose till 2027. Oshokomole, Nigeria's best governor ever, APC's nightmare, d only politician in d SW nay d whole south, the best thing since sliced bread, our very own Obama. It's either Sheriff/Fayose or Biafra

Welcome brother.

May God bless you with twins for your patriotism.

omenka:
Why are our friends avoiding the thread?? Isn't Fayose their greatest hero?? Shouldn't they be the one at the forefront of the campaign to lift him up to that pedestal??

I don get it.

I don't even need their help. They've already done enough by making me realize Fayose is the only responsible and brave governor nay politician in the whole of PDP (and FFK of course) so i'm running this campaign with or without their help. Anyway, i trust them to get on the train as soon as protests in support of Saraki and Dasuki end.

Sheriff/Fayose for PDP 2019 ticket

omenka:
I think I'd join you in campaigning for both great men on the 2019 PDP presidential ballot.


Sheriff/Fayose for 2019 or the Zoo must fall!!

You'd better join me.

Sheriff/Fayose or death

tuniski:


Tinubu worked for Apc/buhari cos that was the temperature of politics then. The way it is going, there won't be a SW on the ticket. North n SE is the joker! Fayose knows that too well. He simply will be the one behind d masquerade!

Tinubu has been in politics since 1991 when he won elections as a senator and he's older. He's formed political parties, crowned numerous governors and even nominated a VP. Fayose is in his 50's and hasn't done anything near what Tinubu has done.

HE CAN/WILL NEVER SIT ON THE SIDELINES LIKE TINUBU.

It's a Sheriff/Fayose ticket for 2019. Do you think it's for nothing that he resisted SW chairmanship slot?

Does Fayose look to you like a politician that can stay quietly in the shadows?

omenka:
Who am I to question the judgement of the shrewd elders??


I totally agree with you. After all, 2019 is in the "future". So I see Fayose on the PDP presidential ticket.

Good you agree with me.

The elders are wise and their message was properly delivered and well received.

Sheriff/Fayose for 2019 PDP ticket

tuniski:
Fayose will simply ensure PDP is rock solid to take over Aso Rock while doing his thing. He is already a leader and very street credible that is where it matters!

The streets owe the votes!!! Oshoko carry go

So he should work for another to reap?

sorry. a subtle message has been passed by PDP leaders today.

It's a Sheriff/Fayose ticket for 2019. He already traded SW chairmanship for that

omenka:
Rotflmao!!

This isn't a laughing matter o.

Oshokomole will make our dreams come true in 2019. The elders have spoken