Nigeria loses 200,000 barrels a day to theft, vandalism, state oil firm says

Nigeria loses 200,000 barrels a day to theft, vandalism, state oil firm says
WESPECH PTE LTD
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03.03.2021

MOSCOW (MRC) -- Nigeria is losing 200,000 barrels of crude oil a day because of theft and vandalism, the head of the state oil company said, underscoring how insecurity is causing vast financial losses for the West African country, said Hydrocarbonprocessing.With Brent Crude oil prices hovering around USD66.70, the losses would amount to more than USD13 million a day and more than USD4.8

Full article at mrcplast.com

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