Products of illegal oil refineries stuck in jerry cans are ferried to the market in Bayelsa State of Niger Delta on April 11, 2013. A group of men with AK-47s lay in wait for an ex-kingpin in the Nigerian swamps before instead opening fire on police -- the latest sign of trouble in a vitally important oil region.  - 

A new report from Chatham House in London says 100,000 barrels a day are stolen from Nigerian oil pipelines, at a cost of billions of dollars a year. 

Razia Khan, Africa analyst at Standard Chartered Bank in London, joins Marketplace Morning Report host Mark Garrison to discuss the impact.

Click on the audio player above to hear more. 

Follow Mark Garrison at @GarrisonMark