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    MarketForces Africa » MarketForces News » Oil Theft Starts from Trans Escravos Pipeline –NNPC

    Oil Theft Starts from Trans Escravos Pipeline –NNPC

    Marketforces AfricaBy Marketforces AfricaOctober 9, 2022 News No Comments2 Mins Read
    Oil Theft Starts from Trans Escravos Pipeline –NNPC
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    Oil Theft Starts from Trans Escravos Pipeline –NNPC

    The Nigerian National Petroleum Corporation Limited has said that an oil theft point that operated undetected in Nigeria for an estimated nine years ran from the Trans Escravos pipeline in Delta state and not the Forcados export terminal as previously stated.

    Oil thieves has been using the nation’s pipelines which has choked exports, and forced some companies to shut in production and crippled the country’s finances. READ:Oil Falls as Nigeria’s Bonny Light Loading Jumps

    NNPC official said the theft point ran from the Trans Escravos pipeline, which can feed the Forcados export terminal, after Kyari on Saturday posted photos and video to Twitter of a visit to the theft point site along with General Lucky Irabor, Nigeria’s Chief of Defence Staff.

    The pictures showed the men inspecting pipelines that appeared to have been buried underground. Kyari tweeted that they also inspected the Afremo platform, which was potentially the exit point for the diverted crude, without giving details.

    He said the discovery of the theft line showed Nigeria’s coordinated intervention was paying off. In August, NNPC awarded contracts to companies including those owned by former militants to crack down on oil theft.

    NNPC’s comments on Sunday concur with those from SPDC, the Nigerian subsidiary of oil major Shell, which operates the Forcados terminal.

    It said in a statement last week the theft pipeline was approximately 30 kilometres away from the Forcados terminal and not on the path of its pipelines.

    # Oil Theft Starts from Trans Escravos Pipeline –NNPC#

    NNPC
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