Shell Says Losing 43,000 B/D To Nigeria Oil Theft

Published on Wednesday, 16 May 09:50 am

Shell’s Nigeria joint venture is losing 43,000 b/d of crude oil to theft, while deliberate damage to pipelines accounted for more than three quarters of oil spilt last year, Shell said, according to Reuters. Shell wants a greater security crackdown on the practice, which it has estimated deprives the country of around 150,000 b/d.

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