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Nigeria suffers record levels of crude theft

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29 March 2022

Nigeria suffers record levels of crude theft

Report summary

In 2021, Nigeria's perennial problems of crude theft and sabotage hit crisis levels. Up to 200,000 barrels per day are being stolen, leaving producers and the state out of pocket and missing out on high prices. The eastern delta is the worst affected, with producers holding back investment while they look for alternative export options. Read this Insights to discover which pipelines and terminals are worst affected, what's being done to solve the problem and which companies are most at risk.

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