Expert Predicts Increase In Oil Bunkering In N’Delta As Oil Price Drop

Gulf of Guinea, Kidnap for Ransom, Maritime Security, oil products theft, Piracy, port security, Robbery, smuggling 1 Minute

Oil theft will be more difficult to control because people have a way of buying it cheaper than they do from the main market

With observers predicting a new normal of less than $50 for a barrel of oil, an environmental campaigner has told the Nigerian government to expect an increase in oil bunkering if illegal refiners are not integrated into modular refineries soon.

Environmental activist, Dumnamenem Fineface, feels youths of the delta will increase their oil bunkering activities to feed if the government fails to help them transition to alternate sources of living.

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Source: saharareporters.com

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Published by Maritime Security News

I entered the maritime security world in 2009, becoming Intelligence Officer for Neptune Maritime Security (now the NeptuneP2P Group). In 2012, became piracy editor for SomaliaReport.com and in 2013 became editor of MarsecReview.com and intelligence consultant for CSO Alliance, which I left in 2019. I currently work with another UK maritime security firm as a consultant and have an interest in a cyber security concern in the UK. Need a maritime security report, article or advice on maritime cyber security? contact me at: marsecnews@gmail.com

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