Wednesday, March 27, 2013

Nigeria agencies seek $11.5 billion compensation from Shell for oil spill damage

Environmental Damage caused by past oil spill in Nigeria. PHOTO/File

(Reuters) - Two Nigerian government agencies told a parliamentary hearing on Thursday that Royal Dutch Shell should pay a total of US$11.5 billion in compensation for damage caused by an oil spill at its offshore Bonga field in December 2011.

Shell has said that there is no legal basis for the proposed fines and the Nigerian government has never publicly charged foreign oil companies large sums for oil spills.

The

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