Protests against oil theft in Nigeria
Nigerian oil theft: Breakthrough or false dawn?
Progress on fixing Nigeria’s long-term oil pipeline theft problem needs to be supported by a wider strategy to avoid relapse
The issue of theft from Nigeria’s oil pipelines has largely been resolved, state-owned Nigerian National Petroleum Corporation (NNPC) said in August, with pipeline and terminal receipts attaining close to 100%. Figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the body with regulatory responsibility for oil pipeline theft, show that daily losses to theft stood at 9,600b/d in July, the lowest since 2009. That compares with a daily average of 102,900b/d in 2021. Strengthened regulatory oversight is part of the reason. The NNPC was both regulator and commercial operator until 2021, when the Petroleum Industry Act handed regulatory authority for pipeline theft to the NU
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
