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To: kidl who wrote (3)	6/26/2013 6:51:33 PM
From: kidl	Read Replies (1) \| Respond to of 553

April 06/13: Uganda is nice but ... - \|... Nigeria is low hanging fruit. That is if you "understand" Nigeria. Black is white and white is black. Most powerful tool in Nigeria is a grey scale printer. Some companies get it. Some companies don’t. Time is short to hook up with the RIGHT Nigerian partner. Maybe time to take some lessons from (not just) Canadian companies. Marginal oil fields ... New bidding round ... Pipeline owners / Major oil companies paying producers for oil they haven’t received yet ... Majors signing up for “acceptable” levels of oil “shrinkage” “Calibrate” your gismos to local needs!!! Every other entity, even the big boys, do it. GOSH ... New JTF Raid On Oil Communities The operatives of the Joint Task Force (JTF) have raided communities along the creeks and waterways of the Niger Delta, arresting 33 persons including three Ghanaians and a Togolese in an onslaught against illegal bunkering operations in the region. The soldiers also arrested three vessels christened King I, MV Gift and MV Tiger Fish with the 33 members ofcrew during the multiple raid operations carried out between March 1 and 19, 2013. In the operation, which took the communities by surprise, the soldiers seized three vessels and destroyed over 143 bunkering camps used by operators to cook stolen crude oil. The men also seized 8 heavy-duty trucks laded with stolen crude, 70 boats and 214 storage tanks filled with stolen crude oil. The Media Coordinator to the Joint Military Task Force, Lt. Col. Onyema Nwachukwu, confirmed that the three ocean vessels with crew members of foreign nationalities including one Togolese and three Ghanaians and 30 Nigerians were arrested along Federal Ocean Terminal, Onne in Rivers State. "The vessels christened King I, MV Gift and MV Tiger Fish with 33 crew members were arrested by operatives of the JTF in multiple raid operations carried out between March 1 and 19, 2013 along Federal Ocean Terminal near Onne in Rivers State and are currently secured at 2 Brigade Nigerian Army, Gun Boat Company, Onne," he said. It is generally claimed that Nigeria currently loses as much as 150,000 barrels of crude oil per day and up to $7 billion per annum in revenue from crude oil theft. The government is looking at various measures to combat the growing menace and President Goodluck Jonathan has met with other world leaders to discuss ways to stem the tide. Other measures which the government is said to be working on includes the finger printing of crude oil and a joint collaboration between the Ministry of Petroleum Resources and Nigeria's service chiefs on sustainable security of crude oil assets.