Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Shell loses 43,000 bpd to theft

14 May 2012, 16:55

Lagos - Shell Petroleum Development Company of Nigeria Ltd. loses at least 43,000 barrels of oil a day to crude theft and illegal bunkering in Nigeria's Niger Delta, a statement by Precious Okolobo, the oil giant's spokesman, said on Monday.

In 2011 Shell lost about 11,806 barrels in 118 incidents due to sabotage and crude oil theft. The spills, equating an average of one spill every three days, accounted for 77% of the total spilled volume during the period.

"Since, we calculate crude theft quantities based on volumes produced from flowstations and what is received at terminals it is true that additional oil is stolen between wellheads and flow-stations," Mutiu Sunmonu, managing director of SPDC said.

According to the statement, most thefts have been on SPDC joint venture's two major pipelines in the Eastern Niger Delta--the Nembe Creek Trunkline, known as NCTL, and Trans Niger Pipeline or TNP. The NCTL was replaced in 2010 at a cost of $1.1 billion, the statement said but the new line is still a favorite target of crude thieves.

It was shut down for one month in December last year following a spill caused by two failed bunkering connections. The thieves took advantage of that month-long pipeline depressurization to install even more bunkering points.

Since the restart of production in January 2012, there have been multiple trips caused by pressure drops resulting from illegal off-take.

Eventually, the NCTL was shut down May 2 to allow for the removal of more than 50 illegal bunkering points, the statement said.

The latest illegal bunkering on the TNP happened May 5, resulting in fires, the statement said. The line was repaired and reopened the following day.

Nigeria currently produces around 2.3 million barrels of oil a day but its President Goodluck Jonathan said the country plans to raise output to 4 million barrels a day within a decade.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...