Sunday, February 12, 2012

Shell chief frets over rising crude theft

The Nation
6 February 2012

 • Oil export threatened

The Managing Director of the Shell Petroleum Development Company of Nigeria Limited (SPDC), Mutiu Sunmonu, has decried the rising incidence of crude theft in the Niger Delta.

He said the increase in crude theft on the new Nembe Creek Trunkline (NCTL), barely 16 months after the old line was replaced due to repeated sabotage attacks, threatens the export of 140,000 barrels of crude oil per day.

Sunmonu, who spoke to reporters in Port Harcourt, the Rivers State capital yesterday, after overflying the Nembe Creek where illegal bunkering and illegal refining were still ongoing, with the environment being polluted, urged youths in the Niger Delta to give peace a chance.

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