By Godfrey AKON
The Nigerian National Petroleum Company Limited, NNPCL, says it has restored 275, 000 barrels of oil per day production.
In a statement by its Chief Corporate Communications Officer, Mr Olufemi Soneye, the company said the restoration followed a peace deal it brokered on Sunday between the Management of Total Energies, operator of the NNPC/Total joint venture, the Petroleum and Natural Gas Senior Staff Association, PENGASSAN, and the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG.
Soneye said the unions have agreed to suspend ongoing industrial action leading to immediate restoration of the 275,000bopd production.
According to him, all parties committed to resolving all the issues within an agreed framework in a communique issued at the end of a marathon negotiation session chaired by Executive Vice President, Upstream, NNPCL, Mrs. Oritsemeyiwa Eyesan.
“The communique was signed by Total Energies MD/CEO Mr. Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo and NUPENG President, Comrade Williams Akporeha.
“It was witnessed by NNPC Ltd, EVP Upstream, Mrs. Oritsemeyiwa Eyesan, and Mr. Bala Wunti, Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, (NUIMS).
“Also in attendance was Mr. Victor Bandele, Deputy Managing Director, Total Energies,” he said.