The Nigerian National Petroleum Company Ltd. (NNPC Ltd) has matched its words with action in the war against crude oil theft with the arrests of 16 suspects from 163 incidents in one week in the Niger Delta. In an X post on Tuesday detailing the summary of activities from November 25 – December 1, in the fight against crude oil theft, the oil firm said 69 illegal refineries have been uncovered. Persecond News reports that during the period under review, a total of 163 incidents were recorded in the region. Nigeria’s crude oil output rose to an all-time high of 1.35 million barrels per day in September, as it’s pumped its highest volume of crude oil so far since this year. Data from the commission indicated that in September, Nigeria’s crude oil production (excluding condensates) was precisely 1,346,562 barrels per day, which was a 165,429bpd increase when compared to the 1,181,133bpd produced in August this year.

Source: Ethiopian News December 05, 2023 20:55 UTC