Sabotage on Nigeria’s oil-exporting NCTL pipeline caused significant production losses -Aiteo

ABUJA, Nov 17 (Reuters) – Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo said on Sunday.

The impact on production has “created revenue deficits that directly impact all the stakeholders” the Nigerian energy group said in a statement. The NCTL, which exports Bonny Light crude oil, has been shut down more than once this year. (Reporting by Camillus Eboh, Writing by Alexis Akwagyiram, Editing by Angus MacSwan)

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