Vessel Carrying Stolen Crude Intercepted in Delta

August 3, 2023
stolen crude oil

By Adedapo Adesanya

Tanita Security Services, a Nigerian government-approved outfit, has intercepted a vessel allegedly carrying crude oil suspected to have been stolen in the Koko area of Delta State.

The interception happened on Wednesday while the 1117 tons vessel carrying about 8,100 barrels of crude was being escorted by some naval officers.

Tanita Security outfit is a private security company owned by Mr Government Ekpemupolo, popularly called Tompolo, an ex-Niger Delta agitator who recently got a contract from the federal government to protect oil pipelines.

Operatives of the Tanita Security say the vessel, tagged MT Praisel, was flying a Togolese flag and was being escorted by a Navy boat led by a senior naval commander.

The Tanita operatives said they were met with resistance from the navy boat escorting the vessel and that the naval commander threatened to deal decisively with them.

However, the private operatives said it stood its ground and refused to back down.

But they eventually contacted the National Security Adviser, Mr Nuhu Ribadu and the Chief of Naval Staff, Rear Admiral Emmanuel Ogalla, who authorised them to inspect the vessel.

Upon entrance into the ship, the security company says they noticed that the vessel was authorised to carry products by the navy but did not have any approvals from Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the authority responsible for the regulation of the midstream and downstream petroleum operations in Nigeria, for this said voyage.

The incident comes on the heels of the outcry by the federal government that the illegal trade of stolen crude oil inflicts significant economic losses on Nigeria to the tune of N2.3 trillion in 12 months.

It is a loss experts say could impact up to 25 per cent of the nation’s crude oil production. The recent removal of the petrol subsidy has caused nationwide demonstrations by workers’ unions.

Nigeria’s crude production had hit less than 1 million barrels per day earlier this year from challenges ranging from insecurity, low investment, and de-prioritisation of funding of hydrocarbon development arising from the energy transition.

Currently, Nigeria has the technical allowable capacity to produce about 2.5 million barrels of oil per day, but these challenges put the country’s output at around 1.5 million barrels of oil and condensate per day.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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