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Wednesday, 21 September 2016

FG files suit against Chevron, ENI, other oil firms over alleged undeclared crude cargoes

According to Reuters, the Federal government has filed a lawsuit against Italian energy firm ENI, U.S. major oil company, Chevron and other international oil firms over some crude exports, a government official said on Tuesday.
 “The claim dates back to last March and refers to a request to our subsidiary in Nigeria for a payment of about $160 million.
ENI believes the claim has no ground and shall resist in court. Similar requests have been put forward to several other international oil companies operating in Nigeria.”ENI said by email.
Chevron said by email: “This matter is the subject of ongoing litigation before the court in Nigeria. We will not comment further on the matter since it is already before the courts.” 
A Nigerian government official, asking not to be named, confirmed the lawsuit but said he had no details. State oil firm NNPC could not be reached for comment despite repeated attempts to call its spokesman. Nigerian newspaper Vanguard’s website said Nigeria had sued ENI’s unit Agip and France’s Total for $635 million for allegedly undeclared crude cargoes between 2011 and 2014.

It cited court documents. The lawsuit might further sour the mood of oil majors which have been hit by militant attacks in the Niger Delta oil hub, reducing crude output by a third.

23 comments:

NaijaStore Dude said...

Ok

auwal yusuf said...

Well

vinna saviour said...

Crious smting

NaijaDeltaBabe said...

Hmmmmm


...merited happiness

Bonita Bislam said...

Warefa

Juliet Iwuno said...

I can't deal biko. Linda take note!

Eleojo Blessing said...

Hmmmmmm

Uju Phil said...

Time shall tell...

Anonymous said...

This is a matter than can and should be resolved by negotiations and arbitration. There is no guarantee that government will succeed in the lawsuit, it will only enrich lawyers, waste time and resources and damage goodwill. It is not a wise business decision.

christie benjamin said...

Story

I gbobie said...

Funny how its from 2011 -2014.every thing dats not apc must bow down.infact do not only sue them,sue the whole niger delta also for damages.bunch of idiots(apc) so this is how u want to bring us out of recession by making foreign investors run away.thats d same way i read they want to sell nlg to who i ask if not to themselves.make una continue i blame Nigerians wey no fit come out in masses and voice out the wrong of dis govt,rather theyll stay in there housez till sm1 give dem mobilization nd tshirt.

ike manuel said...

This buhari led federal government and his partners in crime always looking for who to steal from.. It's not mtn this time, now is chevron and co.. God is watching!

Na me talk am!

Long Live Lib!!!

okechukwu nnoduechi said...

HMMMM NAWA O







AUNTY LINDA 👩

Anonymous said...

My body is not a stone or iron rod, pastor cries out, seeks dissolution of marriage

Anonymous said...

My body is not a stone or iron rod, pastor cries out, seeks dissolution of marriage

Anonymous said...

Sugarmummy Veronica is looking for a young guy that can satisfy her

Anonymous said...

Sugarmummy Veronica is looking for a young guy that can satisfy her

Jamila Shaibu said...

Cool

Vivian Reginalds said...

hmm
-D great anonymous now as Vivian Reginalds

GLOWREEYAH said...

Tired of this buhari administration

victor okonkwo said...

Accountability is what we desire from a leaders,

OSINANL said...

WHATEVER!

abujakenneth said...

Have they exhausted dialogue. Well big money for the lawyers. How I wish I was one of the lawyers

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