Financial Times: R Dutch/Shell told to pay compensation
“Nigeria accounts for about 10 per cent of Shell’s production but the company’s position is seen as increasingly precarious”
By Michael Peel, FT.com, Aug 26 2004 11:40
Nigeria’s Senate has ordered Royal Dutch/Shell, the oil company, to pay $1.5bn compensation for environmental damage allegedly caused by exploration and production in the violent and polluted Niger Delta region.
The call, which comes after a similar but still unenforced recommendation by a judicial panel set up by the parliament’s lower house last year, demands a $1bn payment by Shell “forthwith” for problems including “severe health hazards”, “economic hardship” and “avoidable deaths”.