“The 2016 budget plan was based on 2.2 million barrels per day (bpd) of crude oil production. However, the budget plan is now grossly impacted due to renewed militancy with about 700,000bpd of oil production curtailed due to pipeline vandalism." More »
Nigeria lost N51.28bn to oil theft in 2015 – NNPC
Reviewed by Crude Oil Facilitators
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