Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a "letter of comfort" (LoC) to guarantee that its oil is not stolen, an email from the company seen by Reuters showed.
Oil company asks shippers exporting Nigerian oil to sign NNPC guarantee
NNPC, Nigeria's state oil company, has lifted a ban on over 100 vessels due to suspected oil theft, but asked ship owners last month to sign a letter of comfort to "guarantee to indemnify" it against any illicit use of their vessel.
Shell asks shippers exporting Nigerian oil to sign NNPC guarantee
"Please be informed we expect LPG & Products ship owners to sign the NNPC LoC for any future Shell loading voyages," the email stated.
NNPC, Nigeria's state oil company, has lifted a ban on over 100 vessels due to suspected oil theft, but asked ship owners last month to sign a letter of comfort to "guarantee to indemnify" it against any illicit use of their vessel.
This led some owners to reject pending bookings.
ADVERTISEMENT
Shell had no immediate comment.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Fee hike may force 50% of students to drop out of school in 2 years - ASUU
10 lies Tinubu administration told in over 100 days, according to Atiku
Taraba govt approves ₦50k medical allowance for teaching corps members
Reps vows to ensure enrollment of 14m out-of-school children
Nigeria has only 84 paediatric dentists to over 200m population – Dentists
FCT residents decry rising insecurity, demand urgent action
Cross River gorillas will boost local tourism if protected - Wild Africa Fund
Over 4,000 Nigerians rotting in jail over inability to pay fines - Minister
Tribunal to deliver judgment on petitions against Sanwo-Olu's election Monday
Pulse Sports
Anthony Joshua and Burna Boy: Nigerian-born boxer and African giant team up for Boss at Milan Fashion Week
How Nigerians can vote for Osimhen to win FIFA Best Player Award ahead of Messi
I want to 'teach' after football - Lionel Messi opens up on retirement plan
It was a money issue — Jay Jay Okocha on why he snubbed Europe's big clubs
North London Derby: Postecoglou threatens to 'scare the life out' of Arsenal
Super Falcons' Michelle Alozie drops football hot take
ADVERTISEMENT
