NewsExpress advert Yudala banner
Shell fined $3.6 billion for oil spillage

By News Express on 28/11/2014

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,053


The House of Representatives Committee on Environment has directed Shell Nigeria Exploration Company to pay the sum of 3.6 billion dollars, which is about N604 billion naira as damages for the Bonga oil spill caused by its equipment failure.

The Chairman of the Committee, Uche Ekwunife, gave the directive during an investigative public hearing on the Bonga crude oil spill, which occurred on the December 20, 2011.

“Since all efforts by this committee were tactfully rebuffed by SNEPCO, (it) has decided to adopt the damage assessment report submitted by NOSDRA as the lead agency in all oil spill management,” Ekwunife said.

The breakdown of the independent value analysis adopted by the committee indicated that Shell is to pay 63.6 billion naira for direct losses, which are irreversible damages, another 103.192 billion naira for loss of income, 85 billion naira for provision of water, while 27.4billion naira is for forestry.

For the indirect losses, the oil company is to pay 14.35 billion naira for health hazards; eight million naira for injurious affection and 302.4 billion naira for punitive damage.

The House reached the decision based on the report of the National Oil Spill Detection and Response Agency (NOSDRA), which previously recommended a fine of $5 billion.

NOSDRA estimated that around 40,000 barrels were spilled when a tanker was loading crude at the offshore platform operated by Shell’s subsidiary SNEPCO.

NOSDRA has previously said the spill had hurt locals in the area who rely on fishing for their livelihoods as the slick covered an area of around 950 square km.

Shell is one of Nigeria’s oldest energy companies. Shell companies in Nigeria produce oil and gas from land and swamps in the Niger Delta and from deep-water reserves some 120 kilometres off the coast. Shell also operates Nigeria’s largest liquefied natural gas (LNG) plant, which exports all over the world.

Text courtesy of Channels TV. Photo shows Chairman, House Committee on Environment, Uche Ekwunife.

Source News Express

Posted 28/11/2014 06:30:10 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
FOI: SERAP wins round one in battle over...

Kwara students protest non-payment of bursary

Passport, driver’s licence process to be made easy...

Breaking News: DSS again disobeys court on Nnamdi...

Police deploy MOPOL to combat cultists in 2...

Boko Haram war prisoners sing in army net...

Richest Black woman, Folorunso Alakija, appointed Chancellor of...

Nigeria requires $3 trillion to fund infrastructure projects:...

CMD moves to tackle fake management consultants

Boko Haram: West African leaders seek ban on...

Budget Scandal: Jibrin files fresh suit against Reps,...

FG plans Construction Summit/Fair to boost new mass...

 

Latest News Buhari’s son rumoured dead but Presidency says very much alive Yobe school attack: 2 girls reported dead, 13 still missing Stop extorting money from innocent Igbo traders, Okorocha tells Customs Teleology emerges 9mobile preferred bidder, given 21 days to deposit non-refundable $50m Court declares daytime curfew of Oro festival illegal in Ogun FG to invest in modular refineries PDP expresses shock over missing Dapchi school girls, tasks Police IG Budget Minister briefs National Assembly leadership on economic recovery focus labs Ekiti movement releases ‘Neighbor to Neighbor’ outreach timetable for Fayose’s preferred successor African migrants begin hunger strike over Israel policy Delta State Government seeks parents’ support for measles vaccination campaign NSCDC officials who shot Bayelsa youths acted in self-defence: State Commandant

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (326,093 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (317,786 views) Shameless Genevieve Nnaji exposes breasts in public (254,522 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (208,787 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (194,676 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (187,595 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (163,274 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (146,579 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (140,334 views) Lagos plane crash: Journalist releases victims’ names (129,464 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (127,966 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (123,056 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,899) Business Verdict (34) Columnists (804) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (446) Features (549) Global Business Monitor (226) International (1,799) Interviews (143) Live Commentary (28) Love Matters (105) News (33,033) Opinion (883) Pidgin (10) Politics (4,512) Religion (681) Sports (1,438) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement