The management of Dubri Oil Company Limited says about 60 barrels of its crude oil was stolen daily from its production in Oil Mining Lease (OML) 96 after vandals drilled into the company’s evacuation network.
It is estimated that the company has been losing about N5 million naira daily since the pipeline was compromised.
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During an on-the-spot assessment of the illegal pipeline drawn from the oil company site at Gelegele in Ovia North East local government area of Edo State, a source told newsmen that before the illegal line was discovered with the help of community individuals and security personnel, the company had recorded a decline in the daily production from over 200 barrels to about 117 barrels, with nearly a third of production being lost daily.
According to the source
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