Sunday, December 11, 2016

FG to Abandon Oil Pipes, Start Moving Petroleum Products by Rail

The federal government of Nigeria is planning to start transporting crude oil through trains,
Mr Goddy Nnadi, General Manager, Corporate Services, Petroleum Equalisation Fund (PEF), has said.

“Our pipelines are not effective because of age and vandalism and so the emphasis now is moving petroleum products by rail.

“As we speak, members of the committee (looking into the option of using railway to transport petroleum products) are in Lagos to collaborate with Railconnect, a private company and the Nigerian Railway Corporation (NRC).

“NRC has a lot of rail tanks that are lying idle; if you go to Apapa there are lots of these tanks along the rail lines but because nobody bothers to use them they are there.”

He explained that the use rail would reduce the pressure on Nigeria's congested roads.

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