A Shell Petroleum signage is pictured in Malaysia’s southern city of Johor Bahru April 26, 2017. REUTERS/Edgar Su
ABUJA (Reuters) – International oil major Shell and Nigerian stakeholder communities agreed to reopen the flow station for the Oil Mining Licence 25, the regional Rivers state governor said.
Shell also agreed in the memorandum of understanding to pay money owed to the communities, according to the statement. The amount was not specified.
Local communities had occupied the flow station and stopped operations for almost two years, in a bid to force Shell to sell the oil mining licence to a local oil firm. The memorandum of understanding does not mean the local firm will win the licence.
A Shell spokesman said the firm welcomed the peaceful resolution and resumption of operations.
Reporting by Tife Owolabi; Writing by Paul Carsten; Editing by Edmund Blair
Source: Reuters.com © 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.Follow us: