Saturday, June 4, 2011

Oil spill: Shell records 35 sabotages in four months


Independent
30 May 2011

Oil spill: Shell records 35 sabotages in four months

Royal Dutch Shell at the weekend declared that it recorded 35 sabotages on its facilities across the Niger Delta between January and April, 2011.

Managing Director of the Shell in Nigeria , Mutiu Sunmonu who stated this during the presentation of the company’s notes in Lagos bemoaned the level of sabotages on its pipelines.

Sunmonu had earlier noted that the federal government also collected about N5.25 trillion ($34.8 billion) from Royal Dutch Shell between 2006 and 2010, the company declared on Tuesday.  He maintained that the money was received as oil revenue, tax and royalties.

Sunmonu added in the note however that corruption has been one of the barriers to turning oil revenues into benefits for the people of Nigeria .

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