Egypt Seized 50t of Stollen Crude

Egypt Seized 50t of Stollen Crude

The Egyptian police force seized 50 tons of crude oil that were stolen from petroleum tanks’ feeding pipelines in Suez and loaded on a petroleum transporting vehicle. The police arrested the vehicle’s driver for further investigation by the public prosecution, reported Al Wattan News.

Chief Investigator, Brig. Mohamed Wally, received information about the suspects who were staking petroleum pipelines in the Agroud area in Suez. Accordingly, an investigation team was assigned to the case.

Oil theft is not uncommon in Africa as several other nation’s suffer from similar incidents, such as Nigeria which is witnessing a 26% decline in oil production attributed to siphoning and political unrest. Similarly, Tanzania has reported  losses amounting to approximately $64m between 2014 and the first quarter of 2015 due to illegal larceny.

Sarah Samir 3287 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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