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...For a better society... Monday, August 16 2004 Vol 17 No.30 News Editorial Opinion Labour Politics Sports Features Columnists Business Money/Market Energy Alaba Market Foreign News Shell completes facilities’ repair, returns to Warri soon SEGUN JAMES, Warri FOLLOWING the relative peace presently pervading Warri, Delta State, oil multinational, Shell Petroleum Development Company (SPDC), announced at the weekend that it had repaired the 4,500 barrels a day Opuama flowstation, destroyed during the Ijaw-Itsekiri crisis in the area, for normal production early next month. General manager, Western division of SPDC, Maarten Wink disclosed this at a party held in honour of Brig.-Gen. Henry Oke, the retiring Brigade Commander of the 4th Brigade of the Nigerian Army held at Effurum Barracks, near Warri. Wink said the Opuama flowstation which produces about 4,500 barrels of oil per day has undergone full rehabilitation and production activities would begin by September. The Shell chief said it cost the company about $1.5 million (about N200 million) to put the facility back on stream again. According to him, the Opuama flowstation was among those facilities destroyed in the heat of battle between the Ijaws and the Itsekiri last year. Wink expressed pleasure that the hostilities had ceased between the two ethnic groups, adding that the company had spent a huge percentage of its operational coast on security not only for its facilities but its personnel during the period. "With all the flow stations working and producing more than we were doing before the crisis, the cost on security is more than compensated for", he said. The general manager stressed, however, that the money spent on security would have been better spent and appreciated if spent on intellectual and infrastructural development. Wink said although he is aware that the recent Warri peace accord has not got the full support of the warring groups, but with dialogue, the situation will improve. In his remarks, Gen. Oke thanked guests at the party for coming and said his stay at the 4th Brigade was challenging. � 2004 @ Champion Newspapers Limited (All Right Reserved). Powered By dnetsystems.net dnet�

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