OML 11: Shell Defeats Nigerian Gov’t As Federal Court Orders Renewal Of...

OML 11: Shell Defeats Nigerian Gov’t As Federal Court Orders Renewal Of 20-Year License

By Wires Editor | The Trent on August 25, 2019
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Mpakabuari Welsch
An employee approaches the entrance to the Agbada 2 oil flow station, operated by Shell Petroleum Development Co. in Port Harcourt, Nigeria, on Sept. 30, 2015. | George Osodi/Bloomberg

A Federal High Court sitting in Abuja has ordered the Minister of Petroleum Resources to grant the renewal of the Oil Mineral Lease, OML, 11 to Shell Petroleum Development Company of Nigeria for 20 years.

Taiwo Taiwo, the presiding judge gave the order on Friday, August 23, 2019, in a judgment delivered on the suit filed by Shell Petroleum Development Company.

He held that renewal would be for 20 years and not 30, as requested by the company.

‎The suit by Shell was instituted against the Minister of Petroleum Resources and the Minister of State for Petroleum Resources.

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