Nigeria's Trans-Niger Pipeline Runs Dry Due to Oil Theft - Report PremiumTimesng: Nigeria
The Trans-Niger Pipeline, a major pipeline capable of transporting about 180,000 barrels of crude per day, has stopped transporting the product since mid-June due to theft.
The Group Chief Executive Officer of the NNPC Limited, Mele Kyari, had in April disclosed that Nigeria lost $4 billion to oil theft at the rate of 200,000 barrels per day in 2021. Mr Kyari said the country was losing 95 per cent of oil production to thieves at Bonny Terminal, Rivers State.Tony ElumeluMr Elumelu had on March 17 said Nigeria was losing 95 per cent of production at the Bonny terminal to vandals making Shell declare force majeure production activities on that field.
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