Court adjourns $69m suit filed by FG against Chevron, Total until July 2 - Vanguard News

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Court adjourns $69m suit filed by FG against Chevron, Total until July 2 vanguardngr.com vanguardnews

The FG filed the suit against Chevron Nigeria Ltd, and Chevron Petroleum Nigeria Ltd, as first and second defendants respectively.

This suit is one among other suits instituted by the FG, seeking to recover almost 12 billion dollars in missing crude oil revenue from some international oil companies.The suit was filed by FG, through its Counsel, Prof Fabian Ajogwu, in 2016, against some International Oil Companies, to recover lost revenues arising from undeclared and under-declared crude oil shipments from Nigeria to different parts of the world.

The Federal Government had sued Total E&P, alleging that the oil company under-declared the volume of crude oil it shipped out of the country between January 2011 and December 2014.

 

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