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Re: Tim Lamb post# 13505

Friday, 09/13/2013 9:29:21 AM

Friday, September 13, 2013 9:29:21 AM

Post# of 17739
MMT (RE: pipeline leaks)

I saw your map but it was just a map, so I don't understand where you say you "see a couple in June and July in Bayelsa State". Where did you find evidence of those leaks? Was it something that was published by ENI or elsewhere?

I think one reason we had the recent selloff in MMT was that the update about May-July losses did not say anything about fixing those problems. I am encouraged that ENI ended their force majeure in early September, so surely (surely? maybe?) the major pipeline leakages have been found and repaired.

There would be no good excuse for allowing a leak of this magnitude to continue.

TIA,
'peeker

Focus Focus Focus Focus !!!!

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