OTCPK:MAUXF - Post by User
Comment by
Lincoln9on Mar 18, 2014 1:41pm
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Post# 22336777
RE:pipleline loss way down in January
RE:pipleline loss way down in JanuaryPipeline losses down may be related to.
The Nigerian Navy says it destroyed 260 illegal oil refineries and burned 100,000 tons of contraband fuel to try to halt oil thefts bedeviling the economy of Africa's biggest petroleum producer.
February 2014 totaled approximately twelve days due mainly to a shutdown of export pipeline resulting from a lack of storage capacity at the Brass River export terminal due to export shipment delays.
Curious that shortly after numerous illegal refineries are destroyed that the pipeline loses drop to the 9% range and at the same time the brass river terminal has storage capacity issues "due to export shipment delays" were they exporting directly to these illegal refineries.
I do like a good conspiracy.