Nigeria is losing an average of 200,000 b/d of its crude oil production to theft, state-owned Nigerian National Petroleum Corp. said Feb. 25, indicating a surge in pipeline sabotage in the West African country. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The loss, which NNPC said resulted from sabotage attacks on pipelines and illegal pilfering by thieves, represents a quantum leap compared to the industry average of 70,000 b/d of crude output lost to theft as of August 2020. “We have two sets of losses, one coming from our products and the other coming from crude oil. In terms of crude losses, it is still going on. On average, we are losing 200,000 b/d,” NNPC managing director Mele Kyari said in […]