Tuesday, February 4, 2014

Oil barons face political levy in Nigeria

Kola Karim, the managing director of Shoreline Energy international, says the vast majority of onshore oil rigs in the Delta will be operated by Nigerian-owned companies within five years; meaning that local companies would control some 400,000 barrels of oil per day.

Karim argues that his company's knowledge and understanding of the Delta would minimize problems there. He went on to say, "We have established the Shoreline Foundation. We go to the communities and work with Delta

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