The Annual Offshore Oil & Gas Event
logo

The 25thBeijing International Offshore Oil & Gas Exhibition

ufi

BEIJING,CHINA

March 26-28,2025

LOCATION :Home> News > Industry News

UPDATE 1-Nigeria reaches a deal to pay $5.1 billion in unpaid bills to oil majors - minister

Pubdate:2016-11-18 10:33 Source:liyanping Click:

By Felix Onuah

ABUJA, Nov 17 (Reuters) - Nigeria has reached a deal to pay $5.1 billion in unpaid bills to oil majors including Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N) , the minister of state for oil said on Thursday.

The Nigerian National Petroleum Corporation (NNPC), the OPEC member's state oil firm, has amassed a total of $6.8 billion in unpaid bills up to December 2015, so-called cash calls, that it was obliged to pay under joint ventures with Western oil firms, with which it explores for and produces oil.

Oil minister Emmanuel Ibe Kachikwu said the agreed amount, which is $1.7 billion less than the total amount owed, would be paid within five years, interest free.

Under the arrangement, payment will be in the form of crude oil cargoes but only when Nigeria's production exceeds 2.2 million barrels per day, Kachikwu said, which is the nation's current production when all fields are operating properly.

"If for any reason we did not meet (the) threshold we will not pay the $5.1 (billion), so that is fantastic," he said of the deal, which has been approved by the National Economic Council, an advisory body to the government.

Kachikwu last week said Royal Dutch Shell, Exxon Mobil, Italy's ENI, Chevron and France's Total had "accepted" what he described at the time as an "outline settlement".

All five of the oil majors declined to comment when approached by Reuters.

The petroleum ministry has for more than a year been trying to reduce its financial obligations, which have accumulated over several years. Kachikwu said there is at least $2.5 billion in additional debt that has accrued this year that it is still working to repay. 

 

主站蜘蛛池模板: 国产在线精品网址你懂的| 欧美巨大精品videos| 精品国产精品久久一区免费式| 欧美综合色另类图片区| 日本亚洲精品色婷婷在线影院| 日本中文字幕在线电影| 在线播放精品一区二区啪视频| 国产午夜无码福利在线看网站 | 97精品伊人久久大香线蕉| 青娱乐在线视频盛宴| 永久域名在线观看视频| 成人欧美一区二区三区视频 | 一区二区三区在线视频播放| 国产婷婷综合丁香亚洲欧洲| 模特冰漪丰硕之美1| 国模gogo中国人体私拍视频| 向日葵app看片视频| 九九电影院理论片| 999久久久无码国产精品| 毛片大全免费观看| 国产精品综合视频| 伊人免费视频二| 中国一级毛片在线观看| 韩国日本好看电影免费看| 欧美亚洲综合在线| 在线天堂中文官网| 免费**的网址| 一二三四社区在线高清观看在线| 男女下面一进一出视频在线观看| 无码国产成人午夜电影在线观看| 国产成人无码区免费内射一片色欲 | 人妻av无码一区二区三区| 不用付费的黄色软件| 真实的国产乱xxxx| 性做久久久久久免费观看| 国产乱人伦无无码视频试看| 九九九精品视频免费| 视频一区二区三区在线观看 | 大学生情侣在线| 免费人成年激情视频在线观看| 一本色道无码道在线观看|