HighlightOil & GasTop Story

NNPCL set to destroy vessel caught with 800,000 litres of stolen crude oil

334

…a Senate Committee report on oil theft in Nigeria between January and August 2022 stated that Nigeria lost N1.3tr ($2 billion), a huge dent to the nation’s economy

The Nigeria National Petroleum Company Limited (NNPCL) says it has arrested a vessel laden with 800,000 litres of stolen crude oil from a well jacket offshore Ondo State.

Tantita Security Services, a private security firm contracted by the NNPCL intercepted the Vessel — MT TURA II (IMO number: 6620462) — owned by a Nigerian registered company, Holab Maritime Services Ltd.

Garba Deen Muhammad, NNPCL Chief Corporate Communications Officer in a statement on Monday, disclosed that the vessel will be destroyed to serve as a deterrent to those engaging in such illegal activities.

“Preliminary investigations revealed that the crude oil cargo onboard was illegally sourced from a well jacket offshore Ondo State, Nigeria. There was no valid documentation for the Vessel or the Crude Oil Cargo onboard at the time of the arrest.

“Further investigation into the activities of the vessel at the NNPC Ltd. Command and Control Centre also revealed that the Vessel has been operating in stealth mode for the last twelve (12) years. The last reported location of the Vessel was Tin Can Port in July 2011.

“Destroying vessels involved in transporting stolen crude oil is of paramount importance as a strong deterrent. The illegal trade of stolen crude oil not only inflicts significant economic losses on Nigeria and legitimate stakeholders in the oil industry,” the spokesman said in the statement given to Persecondnews.

Persecondnews gathered that Nigeria daily oil production is back to 1.6 million barrels of oil per day, a significant increase from the 1 million barrel per day in December 2022.

According to a Senate Committee report on oil theft in Nigeria between January and August 2022, Nigeria lost N1.3tr ($2 billion), a huge dent to the nation’s economy.

The surge in oil production is due to the technological advancement of the security architecture in the command and control centre whereby all security issues are now seen in real time.

He said: “NNPC Ltd. assures Nigerians that we will sustain the momentum in the war against crude oil theft until it is brought to a halt.”

Leave a comment

Related Articles

ECOWAS faces most difficult challenges since its formation – Ejime

A public affairs analyst, Mr. Paul Ejime, has lamented that the Economic...

Economic hardship: Lagos Govt. employees except teachers to work three days a week – Sanwo-Olu

Civil servants from grade levels 1 to 14 will start working three...

Tinted glass permit: Police to train enforcement officers, ICT analysts on issuance

In a bid to improve national security and curb criminal activities facilitated...

Senate Confirms Cardoso, Yuguda, 10 Others As Chair, MPC Members

The Senate has confirmed the appointments of the governor of the Central...

$800m rehabilitation funds for Nigerian ports almost ready – FG

The Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, has said...

Breaking: Nigeria’s GDP grew by 3.46% in Q4 2023 – NBS

The National Bureau of Statistics (NBS) has announced growth in Nigeria’s gross...

FG stops exportation of cooking gas to crash price

The Federal Government, in its bid to crash the price of cooking...

Ex-Brazilian star Dani Alves jailed four years for rape

Ex-Brazilian star Dani Alves has been sentenced to four and a half...

Economic hardship: Nigerian military warns against calls for coup

The Nigerian military authorities have issued a stern warning to those calling...

Just in: After 26-month self-exile, Yoruba nation activist, Sunday Igboho returns to Nigeria

Chief Sunday Adeyemo, also referred to as Sunday Igboho, a foremost Yoruba...

Just in: 86 people murdered daily in South Africa — Police Minister

At least 86 people are killed daily in South Africa, according to...

Appointment: Kemi Nandap is the new Comptroller-General of Nigeria Immigration Service

The Nigeria Immigration Service (NIS) has a new Comptroller-General. She is Deputy...

Just in: Labour Party’s National Chairman, Abure, Arrested

The National Chairman of the Labour Party (LP), Mr Julius Abure, has...

Economic hardship: FG set to restart direct cash transfers to 15m households

The Federal Government has concluded plans to restart direct cash transfers to...

Senate to FG: Discard electricity subsidy removal for now

The Senate has urged the Federal Government to refrain from removing the...

Economic hardship: Elumelu to partner MOFI to boost economy

Nigerian philanthropist and Chairman of Heirs Holdings Group, Mr. Tony Elumelu, has...

Emefiele slams N25bln suit on Akpabio for alleged defamation 

The ex-governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has...

Bayern sack Thomas Tuchel, to exit in June

Following the abysmal performance of Bayern Munich this season, Thomas Tuchel will...

Shelve protest, embrace dialogue, DSS warns organised labour

The Department of State Services (DSS) has issued a stern warning to...