*Crude theft mostly from Bonny, Brass, Forcados terminals — NUPRC
*Mulls crude transportation by truckslIt’s organized crime, say IOCs
*82% of production lost in February — IPPG
*Troops destroy 49 illegal refineries, arrest 70 oil thieves, vandals in Niger Delta – DHQ
*Reps invite Sylva, Kyari, Ahmed, others over the state of refineries
By Kingsley Omonobi, Levinus Nwabughiogu, Prince Okafor & Obas Esiedesa, ABUJA
The Federal Government on 24 march raised alarm over the rising rate of crude oil lost in the Niger Delta, disclosing that about $3.27 billion worth of oil had been lost to vandalism and theft in the last 14 months.
The government also said the cases of oil theft had become a threat to the country’s corporate and economic existence, with the industry now thinking of transporting crude oil from fields to export terminals by trucks.