Thursday, November 10, 2011

Of crude oil theft and govt’s approach to the issue.

Business Day
10 November 2011

The issue of crude oil theft has been a recurring problem in the nation’s oil and gas industry and it appears the Federal Government is either losing the battle, or is an accomplice in the exercise. If not, there is no reason why it has refused to take decisive steps at checking the ugly trend over the years.

The Warri axis or the western region Niger Delta used to be the hub of bunkering with alleged connivance of some security personnel, which government is aware of but has refused to take decisive steps to end the crime.

Bunkering has been the source of revenue for the Niger Delta militants and the groups involved appear to be above the law or untouchable. A number of such cases have been reported to the Department of Petroleum Resources (DPR), but the agency has been helpless because a good number of boats and ships that were detained by the agency in the past were forced to be released on account of an order from above.

The battle to stop bunkering in the Niger Delta requires strong political will

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