Global oil and fuel theft is an underreported and relatively unexplored issue, but it is one that is causing untold threat to local and regional prosperity and stability.This report explores oil and fuel theft in Mexico, Colombia, Morocco, Nigeria, Ghana, Uganda, Mozambique, Thailand, Azerbaijan, Iraq, Russia, Turkey and the European Union. Looking at how the problem has manifested itself and the extent to which combative strategies can be successful in reducing the issue.
In the lead up to their participation in the inaugural Oil & Fuel Theft Conference, Oil & Gas IQ spoke exclusively to General Mahmoud Al-Bayati, Former Director General, Counter-Terrorism and National Security Advisor, Iraq and Ali Younes, Regional Advisor, Terrorism Prevention Branch, Regional Office for the Middle East and North Africa, UNODC about the challenges of illegal oil production and smuggling in the country since the advent of ISIL in Iraq.
Ahead of his participation in the inaugural Oil & Fuel Theft Conference, Oil & Gas IQ spoke exclusively to Hon. Congressman Dakila Cua, Member House of Representatives & Chairman House Committee on Ways & Means, Republic of Philippines about the challenges of illicit fuel activity and its consequences on government revenues and organized crime in the nation.
In association with Oil & Fuel Theft Summit 2018 Lead Sponsors, SIPCA, Oil and Gas IQ bring you this shocking infographic of how Oil & Fuel Theft occurs and the extent to which it has ingrained itself in the hydrocarbons trade.
Infographic courtesy of Eurocontrol Technics Group. Design by Visual Capitalist. Based on Downstream Oil Theft: Global Modalities, Trends and Remedies, Atlantic Council Global Energy Centre. Used with permission.
Through in-depth discussions and plentiful networking opportunities, Oil & Fuel Theft 2018 provided a platform to aid governments, oil majors, energy industry companies and national security stakeholders understand the scale of the problem and examine ways to combat this menace together. We have put together this useful post event report which provides an overview of the key topics addressed at the event.