Oil theft: Shell records loss of 11,000bpd
June 14, 2019
2:04 am
Oil theft from Shell Petroleum Development Company (SPDC) joint venture (JV) pipeline network averaged 11,000 barrels per day (bpd) last year, its General Manager, External Relations Mr. Igo Weli, said on Thursday.
He said this is an increase of about 20 per cent over previous year. The number of sabotage-related spills increased during the same period to 111 compared to 62 in 2017 and, since 2012, SPDC has removed more than 1,160 illegal theft points.
The oil giant has called for stakeholders’ efforts to curb the incessant vandalism, highlighting the danger of continuous sabotage to people and environment. He said …
