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Missing worker found dead after Gabon tank explosion at Sinopec subsidiary

Missing worker found dead after Gabon tank explosion at Sinopec subsidiary
petroglobalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from petroglobalnews.com Daily Mail and Mail on Sunday newspapers.

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FG may lose 1.2 trillion naira in oil revenue - Gershom


By Ike Uchechukwu
There are speculations that Federal Government may have lost over N1.2 trillion in oil revenue following the alleged breach of the 2000/2001 fiscal incentive package conditions by SINOPEC-ADDAX.
In a statement issued in Calabar at weekend, the Senator representing Cross River Southern Senatorial district in the senate, Senator Gershom Bassey said he had earlier sponsored a motion on the floor of the house drawing the attention of government to that effect.
Accordingly, he said the Senate has mandated the Senate Committee on Petroleum Upstream and Senate Committee on Gas to “scrutinize the 2000/2001 Fiscal Incentive Package and other Federal Government agreements with Sinopec-Addax Petroleum Company with a view to ascertaining the level of the company’s compliance with these agreements and make recommendations”. ....

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