Nigerian Navy seizes oil theft ship

Clampdown against oil theft continues. 

Nigerian Navy seizes vessel loaded with over N1bn stolen oil

Naval operatives from the Central Naval Command, Yenagoa, Bayelsa State, have arrested nine suspected illegal oil criminals and a vessel laden with 66,000 barrels of oil estimated to worth over N1bn.

The suspects were arrested through a tip-off at Eremor field in Eremor community, off Brass River in the Ekeremor Local Government Area of the state.

The vessel, MT Dera 1, belonging to an oil exploration and production company, was said to have gone to the Eremor field for product testing, but was later discovered to have illegally loaded 66,000 barrels (11 million litres) of substance suspected to be crude oil.

Parading the nine-member crew on before journalists on Friday, Commanding Officer of the base, Commodore Salisu Jubril, put the value of the crude oil at over N1bn.

To continue reading, please click here.

Source: directng.com