Nigeria seeks to curb oil theft with $21m metering contract

In a move aimed at tackling the persistent issue of oil theft in the Niger Delta, the Nigerian Federal Government (FG) has awarded a $21 million contract for the metering of 187 crude oil flow stations.

This initiative, approved by the Federal Executive Council (FEC), represents a significant step towards increasing transparency and accountability within the nation’s oil and gas sector.

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, who disclosed this at a press briefing in Abuja, stated that the initiatives would further give clarity on the volumes of crude produced in-country as well as the amount exported to other nations.