Oil theft: Clark demands judicial inquiry, blames cartels - Punch Newspapers

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“The international oil companies should be directed, once again, this time with sincerity of purpose, to relocate their operational headquarters to the Niger Delta region, if there is a genuine desire to end this menace.”

According to reports, high powered technological engineering expertise is applied to steal crude oil from the Forcados line, and transported through a four-kilometre pipeline to a platform in the sea, which belongs to the NNPCL, and its partners. According to NNPCL, this is part of the 470 thousand barrels of crude oil that is being lost every month, amounting to $700 million.He said, “In retrospect, my visit to Forcados oil terminal in the company of Alhaji Shehu Shagari, then as Federal Commissioner of Finance in 1972, while I was the Commissioner for Finance of Mid-West State, was quite revealing. During that visit, we clearly observed that there was no proper accounts or records of what is been exported through the Forcados terminal.

 

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Lying old man

They are saying nine years as if Biafra war was fought for ten years ago. Evil people,God will expose all of them criminals.

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