Communities hosting Shell Petroleum Development Company’s oilfields in the Estuaries Area (EA) of Bayelsa State have given the firm 21 days to pay its debt and meet other obligations or face a shutdown of the oil fields.
Communities hosting Shell Petroleum Development Company’s oilfields in the Estuaries Area of Bayelsa State have given the firm 21 days to pay its debt and meet other obligations or face a shutdown of the oil fields.
Shell, they said, must raise its annual development funding to them from $1 million to $10 million and meet other social obligations.According to the communities, the amount, which accrued from 2006 till date, must be paid in 21 days or they would protest at Shell’s EA oilfields in Bayelsa.Read Also:
“Our people cannot bear the brunt of years of oil and gas exploration and exploitation and not benefit from contracts, supplies and services provided for the operations of the said facilities. We are displeased with the disposition of the SPDC in awarding vessels, services and supplies contracts envisaged within the local community content to non-natives and their companies who are members of staff of SPDC or their cronies.
“We call for a review of the GMOU to limit interference by Shell officials in determining the pace of the GMOU, especially concerning remuneration of contractors upon completion of contracts or milestones.”
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