Monday 9 December 2019
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vanguardngr - 6 days ago

Crude theft: Oil assets at risk, Aiteo raises the alarm

By Michael Eboh Prince Okafor Managing Director of Aiteo Exploration and Production Limited, Mr Victor Okoronkwo, yesterday, expressed concern over the rising spate of crude oil theft in the country, stating that the activities of vandals are posing serious security risks to oil assets across the country. Speaking in Bayelsa, at the ongoing 9th Practical Nigerian Content, Okoronkwo lamented that oil pipelines and flowlines, especially its 600,000 barrels per day Nembe Creek Trunkline, NCTL, were constantly vandalized by unscrupulous elements, who are hell-bent on sabotaging the company and the country. Continue reading Crude theft: Oil assets at risk, Aiteo raises the alarm at Vanguard News.


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