(Reuters) – UK police are hunting a gang of thieves who are thought to have tapped into an underground oil pipeline, stealing thousands of litres of fuel, a newspaper reported on Monday.
More than 30,000 litres of diesel may have been taken from the pipeline running from Esso’s Fawley Refinery, the Daily Echo reported. That would be worth about £41,000 ($70,000) at pump prices.
Oil theft from pipelines is relatively rare in Britain but a major problem in some parts of the world, such as Nigeria where it is estimated to cost the government up to $1 billion per month.
Police were guarding the spot in West Wellow, Hampshire, southern England, where the thieves are thought to have tapped into the 14-inch pipeline, the paper reported. The fuel is being stored safely and engineers from the refinery are working to retrieve it, it said, citing police…