Nigeria seeks UK's help to tackle oil crime
2013-02-19 13:44
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Abuja - Nigeria has asked Britain for help to tackle a
multi-million dollar oil theft business which is run by international crime
syndicates, the country's oil minister said on Tuesday.
Oil 'bunkering' - hacking into pipelines to steal crude then
refining it or selling it abroad - is costing Nigeria a fifth of its two
million barrels per day output, government and international oil companies say.
"The products from bunkering are not sold in [West
Africa], neither are the financial outputs ... laundered in West African banks,
they are ending up in far flung international fiscal institutions,"
Diezani Alison-Madueke told an industry conference in Abuja.
"Mr president has begun to reach out with his
colleagues around the world. A discussion was held with the prime minister of
Great Britain on Monday a week ago and they are all coming on board to help
sort out this particular menace."
Anglo-Dutch oil major Royal Dutch Shell, the biggest foreign
producer in Nigeria, has been lobbying the British government to help Nigeria
to end bunkering, industry sources say.
Yet the complicity of security officials and politicians who
profit from the practice may limit the impact international governments can
have on ending the illegal industry.
