Aiteo, Shell trade blames over 16m oil barrel theft dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
Aiteo accuses Shell of theft of 16 million barrel of crude oil nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about Bonny Crude Export Terminal from Nigeria and the world on today.ng
Shell says allegations of involvement in oil theft misleading today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
PHOTO: GOOGLEThe Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is misleading.
The News Agency of Nigeria (NAN) reports that a 2 million barrels crude deficit between 2016 and 2018 reported at the Bonny terminal operated by SPDC has caused a dispute amongst several oil firms that use the oil export facility.
Aiteo Exploration and Production Company claimed that SPDC shortchanged it of 1,022,029 barrels of crude while using the Bonny Crude Export Terminal operated by SPDC between 2016 and 2018.
Aiteo, an indigenous oil firm which acquired OML 29 for US$2.4 billion following SPDC’s 2015 divestment of its 45 per cent stake from the asset.