Investors hail OGFZA, FG over piracy reduction around Onne free zone

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Investors in the Onne Oil and Gas Free Zone such as Indorama/Eleme Petrochemicals and Brawal Oil Services Limited have commended the leadership of the Oil and Gas Free Zones Authority (OGFZA) and the Federal Government on the significant decline in pirate attacks around the Onne Oil and Gas Free Zone in the last three months, The Sun reports.

The huge scale back follows representations to the federal authorities by OGFZA on security concerns in the area. In February, the Managing Director of OGFZA, Mr. Umana Okon Umana, wrote the National Security Adviser, Maj.-Gen. Babagana Monguno, to draw attention to deteriorating security around the seaport, marked by increase in the incidence of piracy and its consequential impact on investments in the area, particularly in the oil and gas free zones.

The initiative by Umana led to a security meeting with the Flag Officer Commanding (FOC) Eastern Naval Command, Rear Admiral James Oluwole, and a subsequent deployment of several warships and patrol boats to secure the region and provide safe passage for commercial shipping.