The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilization of barges and trucks for the transportation of crude from the point of production to injection/storage points for eventual transportation to export terminals.

It said the Alternative Crude Oil Evacuation Systems was implemented to avoid production deferment, losses and other undesirable consequences as a result of pipeline disruption and outages.

This is contained in a new presentation by the Nigerian Upstream Petroleum Regulatory Commission. Nigeria loses trillions of naira to crude oil theft and pipeline vandalism annually, a development that made the government consider virtual means of transporting the commodity.