Wednesday 13 March 2019

FG Asks NNPC To Take Over Full Running of Shell's OML 11


President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation and the Nigeria Petroleum Development Company to take over the operatorship of the entire Oil Mining Lease 11 held by Shell Petroleum Development Company.
Buhari’s directive was contained in a letter dated March 1, 2019 by the Chief of Staff to the President, Abba Kyari.
According to the letter addressed to the Group Managing Director of the NNPC, Dr. Maikanti Baru, the NNPC and NPDC have up to April 30, 2019 to comply with the directive.

The letter equally directed the two organisations to report back to Kyari not later than May 2, 2019 compliance with the directive.

The letter said: “Kindly note that the President has: a. Directed NNPC/NPDC to take over the operatorship, from Shell Petroleum Development Company, of the entire OML 11 not later than 30 April 2019 and ensure smooth re-entry given the delicate situation in Ogoniland.
“Directed NNPC/NPDC to confirm by 2 May 2019 of the assumption of the operatorship.”

The letter was received in Baru’s office on March 4, 2019 and in the NPDC Liaison Office on March 5, 2019.

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