Gas smuggling activities bring in 100,000 liters of gas into Thailand every day from Malaysia.
Tag: Oil Theft
Data and information on the black market activity of gas and oil smuggling. Theft and hijacking of oil and fuel occurs around the world, and Havocscope provides up to date statistics and financial losses regarding this illegal activity.
Profit From Illegal Oil Smuggling in Iraq in 2007
According to a report in The Guardian, a smuggling organization in Iraq is estimated to make about $5 million a week from smuggling oil.
Profits from Smuggling Ends Up in Hands of Insurgents
40 to 50 percent of the profits from gas smuggling is believed to end up in the hands of insurgents.
Sales of Stolen Oil in Nigeria in 2007
In 2007, up to 100,000 barrels of oil was sold everyday by oil smugglers in Nigeria.
Value of Fuel Smuggled out of Iraq in 2005
$4 billion worth of gas was smuggled out of Iraq in 2005.
Losses to Iraqi Government from Oil Smuggling in 2008
An Iraqi Parliamentary Committee stated that the country faces $5 Billion in losses to oil smuggling.
Bolivia Tax Loss From Gas Smuggling
Gas smuggling causes the Bolivian Government to lose $55 Million a year.
One-Third of Fuel in Iraq Diverted in 2008
In 2008 at least one-third of fuel from Iraq’s largest refinery is being diverted to the black market. The proceeds from the sale were being used to support in insurgency against American troops.