NNPCL boss hints on reasons for crude oil theft, reveals real culprits
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Bashir Ojulari, says specialised international and continental gangs take advantage of security gaps to steal the crude across Africa.
Ojulari stated this at the opening of the Africa Chief of Defence Staff Conference held in Abuja on Monday.
He said that crude oil theft has continental and international dimensions, adding that it should be addressed comprehensively through collaboration among various military formations across Africa.
“Crude theft and its attendant illegal activities are by no means a purely localised occurrence; rather, these operations involve specialised international syndicates that take advantage of gaps within the state, national and continental security architecture to conduct illegal activities,” he said.
The NNPCL boss declared that crude oil theft and pipeline vandalism, especially within the oil-rich Niger Delta area of Nigeria, have become old occurrences because of the efforts of security agencies.
According to him, as the head of the largest national oil company on the continent, he has seen the benefit of collaborations within the energy space, with significant improvement in the operating environment.
NNPCL boss hints on reasons for crude oil theft, reveals real culprits
