No missing 2mbpd SPDC oil – DPR

Department of Petroleum Resources (DPR) has refuted media reports that it uncovered missing 2 million barrels of crude in oil production records by Shell Petroleum Development Company (SPDC) between 2016 and 2018.

Osagie Okunbor, Shell Petroleum Development Company (SPDC) Limited boss

Spokesperson for DPR, Mr Paul Osu, who described the allegations as ‘false and baseless,’ urged the public to disregard the false media report, adding that; “There is absolutely nothing like that, kindly disregard.”

It would be recalled that a report making round I the media had alleged that SPDC admitted the infraction and offered to refund the cost of the oil and pay a fine.

The report further claimed that the shortfall came from the Trans Niger Delta export pipeline which conveys a daily average of 150,000 barrels of SPDC’s Bonny light crude blend to the export terminal.

Similarly, Media Relations Manager at SPDC, Mr Bamidele Odugbesan, dismissed the report as false and malicious and irresponsible and urged media agencies to cross-check with the DPR.

“The claims are baseless and without any iota of truth, it is totally false and malicious and lacks substance.

“SPDC was not under any probe by the DPR. SPDC had never admitted to underreporting its crude production to DPR or any authority,” Odugbesan said.

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