Port Harcourt - Nigeria is currently losing about 95 000 barrels of crude oil production per day as a result of the closure of the Nembe Creek Trunk oil pipeline by Shell Petroleum Development Company of Nigeria Limited (SPDC), reports New Telegraph.
The oil pileline was shut on February 23 to stop leakage caused by oil theft and sabotage. The pipeline had been hit repeatedly and closed several times due to oil theft.
The country has so far lost about N13 billion ($76 million) to the eight days’ shutdown.
Read more at New Telegraph.
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