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Showing posts with label 2011 Oil Spill. Show all posts
Showing posts with label 2011 Oil Spill. Show all posts

Friday, 20 June 2014

2011 Oil Spill: Shell Offers $51 Million as Settlement (8.3B Naira)


 — Royal Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compensation for two oil spills in Nigeria in 2008 after a London court rejected a larger claim, sources involved in the case said on Friday.
 
Around 11,000 residents of the Bodo community in the Niger Delta represented by law firm Leigh Day appealed in 2011 to a London court for more than 300 million pounds in compensation for the spilling of 500,000 barrels of oil.
 
The sources said a Shell offer from September 2013 to settle the case for 30 million pounds remained on the table. The lawyer representing the claimants on Friday rejected the sum. Read Full Story after Cut