Pipeline Vandalism

  • Nigerian Crude Production Declined by 700,00b/d

    Nigerian Crude Production Declined by 700,00b/d

    Tuesday, 30th August 2016
    Pipeline vandals and oil thieves have lost Nigeria 560,000 barrels of crude to the refineries as feedstock and 109m litres of petroleum products between January and May 2016. The country's national budget was based on 2.2mb/d of crude oil production, but pipeline vandalism has resulted in a reduction of 700,000b/d of oil.