A group of concerned lawyers have written a petition to the Senate Ad-Hoc Committee on Up Stream Petroleum Sector, demanding the installation of meters at the Ugo Ocha export terminal of OML 42 being operated by NECONDE Energy Limited to avert crude oil theft.
The lawyers, through O. F. Emmanuel & Cohey, in their petition claimed that an average of one million barrels of Nigeria’s crude oil is being taken away monthly without accurate measurement due to the absence of meters at this export terminal.
Tribune Online gathered that the OML 42 is located in the swamps of the western region of the Niger Delta, having a total of four flow stations with a combined production capacity of…
Source: Nigerian Tribune
