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Nigeria Sues Over $12B In ‘illegal’ Oil Exports - Lailamedia.com - Nairaland / General - Nairaland

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Nigeria Sues Over $12B In ‘illegal’ Oil Exports - Lailamedia.com by sharpboyus(m): 6:32pm On Sep 23, 2016
LAGOS, Nigeria (AP) — Nigeria is suing several leading oil companies for $12.7 billion of crude oil that allegedly was exported illegally to the United States between 2011 and 2014, officials said Tuesday.
The Federal High Court in Lagos begins hearings next week in cases filed against Nigerian subsidiaries of U.S. multinational Chevron, British-Dutch Shell, Italian ENI’s Agip, France’s Total and Brasoil of Brazilian Petrobas, according to the court register.
Chevron would not comment since the issue “is the subject of ongoing litigation,” said a spokeswoman at the company’s Houston headquarters, Isabel Ordonez. Other companies did not immediately respond to requests for comment.
Nigeria was Africa’s largest oil producer until militant attacks cut production and Angola overtook it in March.
The cases could provoke new anger against oil companies already accused of polluting farmland and fishing grounds. Local frustration has contributed to an armed movement in the oil-producing Niger Delta, where militants are demanding the multinationals pull out.
Officials familiar with the cases said Nigeria’s government alleges that the companies did not declare more than 57 million barrels of crude oil shipments. That was deduced from audits of declared exports and what was unloaded in the United States.

http://lailamedia.com/nigeria-sues-over-12b-in-illegal-oil-exports/

Re: Nigeria Sues Over $12B In ‘illegal’ Oil Exports - Lailamedia.com by Khd95(m): 6:44pm On Sep 23, 2016
It's long overdue sefsad

GEJ sevgrin

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