The Trans Niger Delta Pipeline (TNP) was halted due to a blast following Shell’s recent divestment. Renaissance Africa Energy Holdings, the new owner, will investigate the incident, which occurred in a region already facing numerous operational challenges.
On March 18, 2025, a significant incident led to the halting of the Trans Niger Delta Pipeline (TNP) in Nigeria, following the recent sale of Shell Plc’s stake. The local police confirmed that the pipeline was closed by its operator due to a reported blast. Last week, Renaissance Africa Energy Holdings acquired Shell’s equity in the Nigerian operation, renaming it Renaissance Africa Energy Company Ltd.
The discontinuation of the TNP operations underscores the continuing challenges facing Nigeria’s oil sector, particularly concerning security and infrastructure. The incident has prompted a joint investigation, revealing the vulnerabilities in oil production amid local unrest and previous issues related to vandalism and theft in the region.
Original Source: financialpost.com