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Article

5 Dec 2018

Author:
News Agency of Nigeria, Premium Times

Nigeria: Federal lawsuit against Chevron and Total over missing crude oil revenue adjourned to February 2019

"$69 Million Oil Shipment: Nigeria's suit against Chevron, Total to continue February", 4 December 2018.

A Federal High Court Lagos, on Tuesday, adjourned until Feb.13, 2019, a 69 million dollars suit filed by the Federal Government (FG) of Nigeria, against Chevron Petroleum Nigeria Ltd, seeking to recover oil revenue...The case which was adjourned for a report of proceedings at the Court of Appeal, could not proceed on Tuesday, as the court did not sit... The News Agency of Nigeria (NAN) reports that the suit is one among other suits by the FG, seeking to recover almost 12 billion dollars in missing crude oil revenue from some international oil companies...the court...expressed displeasure, that since 2016 when the case was brought to court, there had been so many applications, which had stalled progress in the suit...The Federal Government had also sued Total E&P Nig. Plc, alleging that the oil company under-declared the volume of crude oil it shipped out of the country between January 2011 and December 2014. The case against Total is also adjourned until Feb.13...The FG also filed similar suits against Agip Oil Company Ltd, Shell Western Supply & Trading Ltd, Agip, among others.