Barrels of Oil Stolen in Mexico Each Day in First Half of 2013

Company officials with Mexico’s state oil company Pemex stated that it was losing between 5,000 to 10,000 barrels of oil each day to theft.  Pemex produces 2.5 million barrels of oil per day.

The company stated that the number of oil theft incidents was increasing each year by 30 percent.

In 2012, the company discovered 1,744 illegal siphons of its pipelines during the year.

Source:  “Mexico’s Pemex says losing up to 10,000 bpd to oil theft,” Reuters, June 6, 2013.