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. 
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.  - 
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Marketplace

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. 

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Follow Mark Garrison at @GarrisonMark