Gulf of Guinea Sees Piracy Drop as Oil Price Deters Looters

  • Commission warns that crude rebound may lead to more attacks
  • Reported incidents on vessels dropped by about third in 2015
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Piracy in West Africa’s Gulf of Guinea has declined as the price of oil plunged to the lowest level since 2002.

While attacks on maritime vessels have dropped in the past year, nations bordering the gulf should work to continue improving security coordination, Gulf of Guinea Commission Executive Secretary Florentina Adenike Ukonga said in an interview in Yaounde, Cameroon, on Monday.