By: Naoise – Shell to Sea
September 14th, 2013:
Loadsabooze for Shell’s Irish cops
Shell offers to pay N7.5bn for oil spill
A source close to Shell and another source involved in the negotiations told Reuters the company offered total compensation of 7.5 billion naira ($46.3 million). “The whole week has been deeply disappointing,” said Martyn Day of the London-based law firm, who has been in talks with Shell since Monday in Nigeria’s oil hub Port Harcourt. “The settlement figures are totally derisory and insulting…
Fri Sep 13, 2013 5:48pm BST
* Case is closely watched by oil firms, environmentalists
* Dispute is over damage caused by two oil spills in 2008
* Shell says progress has been made on spill cleanup plans
By Tife Owolabi
PORT HARCOURT, Nigeria, Sept 13 (Reuters) – Nigerian villagers on Friday rejected an offer of compensation from Royal Dutch Shell for damage done to their livelihoods by oil spills from pipelines operated by the company, their lawyers said.
Failure to reach a settlement means the Anglo-Dutch oil major and around 15,000 members of the Bodo fishing communities in southeastern Nigeria remain locked in litigation.