$4.4bn crude oil lost to thieves, sabotage in 2016 — NEITI

22 December 2018, Sweetcrude, Lagos — The Nigeria Extractive Industries Transparency Initiative, NEITI, Friday, stated that Nigeria lost $4.4 billion to crude oil theft and sabotage in 2016. NEITI, in its 2016 Oil and Gas Industry Audit released Friday, disclosed that this loss occurred as a result of 101 million barrels of crude oil lost … More »