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Nairaland Forum / Nairaland / General / Politics / Shell Threatens To Leave Nigeria Over Crude Oil Theft (706 Views)
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Shell Threatens To Leave Nigeria Over Crude Oil Theft by NwaNimo1(m): 7:10pm On Jul 08, 2022 |
Shell Petroleum Development Company of Nigeria (SPDC) Limited on Friday threatened to leave the country over theft of crude oil and production challenges. The company’s Managing Director, Osagie Okunbor, who stated this at the just concluded Nigeria Oil and Gas Conference in Port Harcourt, said the crude oil theft has resulted in the shutdown of two of its major pipelines. He said oil theft was one of the reasons Nigeria could not meet its oil production quota of 1.8 million barrels a day imposed on the country Organisation of the Petroleum Exporting Countries (OPEC). Okunbor said: “Two of our most important pipelines in this country today are shut down with hundreds of thousands of barrels a day shut-in. “It is a fact that the issue of theft, whether as a standalone or as the basis for us to meet our OPEC quota is an existential threat for this industry.” Shell has been in Nigeria for more than four decades and together with other oil majors has decided to sell its onshore assets to focus on exploration in Deepwater. The Shell MD said local companies which won licences to develop marginal fields would face challenges in transporting their crude once they start production. Marginal fields are smaller oil blocks located onshore or in shallow waters and are typically developed by local companies. Oil theft has resulted in the declaration of force majeure at Bonny Oil https://www.ripplesnigeria.com/shell-threatens-to-leave-nigeria-over-crude-oil-theft/ 2 Likes |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by VladimirPutiin(m): 7:11pm On Jul 08, 2022 |
See thieves accusing others of stealing lol 7 Likes 1 Share |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Wintertime: 7:11pm On Jul 08, 2022 |
Ok |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by FERNANDEZISBACK: 7:12pm On Jul 08, 2022 |
VladimirPutiin:
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Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by NwaNimo1(m): 7:13pm On Jul 08, 2022 |
5 Likes |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by MadamVanessa(f): 7:13pm On Jul 08, 2022 |
Lmao Imagine shell o, after gaining so much through our oil and dropping peanut for our leaders to steal so much. Thunder fire them. 1 Like 1 Share |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Seniorwriter(m): 7:14pm On Jul 08, 2022 |
Farewell to them... Nonsense @Seniorwriter |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by 666Advocate: 7:15pm On Jul 08, 2022 |
Yeah let them leave We Ijaws take pipeline Security jobs so that we can do bunkering 24/7 And nothing will happen. We add bunkering to Amnesty salaries. We the security of pipelines naim still dey incharge of bunkering and nothing Nigeria can do over it. They take their Gold and claim our oil too. Have we ever called them Gold thief before? Nonsense!!! We continue bunkering till we finally go for Ijaw Republic our final home 1 Like |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Golan007: 7:17pm On Jul 08, 2022 |
When Shell pulls out you'll know they were a decent business holding in Nigeria. |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by MagicBishop: 7:26pm On Jul 08, 2022 |
A thief that came to somebody's house to steal is complaining when the real owner is packing his property . |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by neonly: 7:26pm On Jul 08, 2022 |
She'll is pulling out Total is planning to pull out Sapem Don pull out by 70% Texaco Don japa since Who come remain for us to do buzz with Hoo I remember Nnpc is der rubbish |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by MagicBishop: 7:29pm On Jul 08, 2022 |
Golan007: Shell? The Ratschild venture that has used wars to consolidate itself as a major oil company? This same Shell was behind the Igbo coup plotters and Biafran war. Go and read up on how they stole Russian oil fields (Baku oil) during the Russian revolution . Shell is the most criminal entity to exist |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Golan007: 7:39pm On Jul 08, 2022 |
MagicBishop: Don't worry, Onigbese PLC would take over soon. |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by MagicBishop: 7:41pm On Jul 08, 2022 |
Golan007: No more free oil money Maybe you Yoruba, Igbo and Awusa/Fulani parasites will then decide to go back to scratching the ground for a living. |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Golan007: 7:43pm On Jul 08, 2022 |
MagicBishop: Incidentally, I'm itsekiri. What now? |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by MagicBishop: 7:50pm On Jul 08, 2022 |
Golan007: Back to ijebu you go |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Golan007: 7:53pm On Jul 08, 2022 |
MagicBishop: Dem no born anybody well to separate Itsekiri from Warri. We too much. By the way, where are you from? |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by MagicBishop: 8:02pm On Jul 08, 2022 |
Golan007: You ijebu migrants are the only ones using court case to claim land in Nigeria You will soon be rooted out and sent back to ijebu |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Golan007: 8:04pm On Jul 08, 2022 |
MagicBishop: You dey shame to talk where you come from? |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Papichulostunne(m): 8:09pm On Jul 08, 2022 |
Everything is going wrong for a damned Nigeria.. Obi is a choice for the economy though dont know if he can tackle insecurity.. Nigeria needs to put insecurity to rest first before Economy can grow.. For this sole reason Atiku refused to pick Wike as Vice.. because during his campaign he continued to stress that if bandits hear his name Wike they will run.. ... Get it in your head NO NORTHERNER WANT TO KILL HID OWN BROTHER ... That is why buhari is adamant about fighting terrorism.. Ratglher he choses to "Express Shock".. I deduce fro this that while Wike will never have his way in PDP.. if Peter Obi wins the north will definitely make Nigeria ungovernable.. I LOVE PETER AND AS GOD HAS GIVEN HIM THIS MANDATE I HOPE GOD LEADS HIM THROUGH. AMEN |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by BloomingDale(f): 8:12pm On Jul 08, 2022 |
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Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by FERNANDEZISBACK: 8:15pm On Jul 08, 2022 |
[quote author=BloomingDale post=114548589][/quote]
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Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by valentineuwakwe(m): 8:17pm On Jul 08, 2022 |
They have been saying this for so long..they should leave if they want,after they are the ones even stealing the crude more. See kettle calling pot black! 1 Like |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by TakeBackNaija: 8:22pm On Jul 08, 2022 |
Peter Obi should give 2% oil proceed allocations directly to LGA's and communities that produce oil and put a caveat that it would be given straight to their accounts but any LGA that allow bunkering activities to happen without exposing them immediately would lose that months allocation. We can't continue like this even those places that encourage all these illegal activities are killing themselves through gross pollution. |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by DOTian: 8:25pm On Jul 08, 2022 |
Make sure to pay billions in restitution for the unquantifiable number of environmental degradation in the Oil producing areas before you leave. This country is a victim in your hands. Very useless imperialistic organization. |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by Oshodipikin: 8:28pm On Jul 08, 2022 |
Who de beg bed bug not to die... |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by TakeBackNaija: 8:29pm On Jul 08, 2022 |
neonly: Nigeria is fast going down and something urgent needs to be done else we are finished. If all these continue, 1,000 naira will exchange for 1 dollar and the economy will collapse. Buhari has succeeded in ruining Nigeria. 1 Like |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by descarado: 8:31pm On Jul 08, 2022 |
I thought they have gone since |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by stevnwigw1: 8:35pm On Jul 08, 2022 |
NwaNimo1:let them leave already |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by ajekpaks(m): 9:26pm On Jul 08, 2022 |
after stealing all the oil... |
Re: Shell Threatens To Leave Nigeria Over Crude Oil Theft by techWriter3: 11:13pm On Jul 08, 2022 |
thieves accusing of ... However, check my profile if you need help with your personal statement, statement of purpose, thesis, dissertation, or assignment. |
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