Independents are “likely to have a betterchance of overcoming local political and security issues than the majors” inthe Niger Delta, but cannot bring the cash and know-how of the bigger playersto what is a staple Nigerian industry riddled with long-standing uncertainty,the report from IHS Energy read.
Oil theft is a major problem for companiesoperating in Nigeria, with Anglo-Dutch supermajor Shell routinely blamingpipeline disruption and spills on the practice.
