By SARAH KENT
LONDON -- Nigeria LNG tankers aren't being allowed to enter
or depart from the Bonny Island Terminal on the coast of
Nigeria, according to the company, following an escalation of a
long-standing dispute with maritime authorities over taxes.
Company, a joint venture between Nigeria's state oil company,
Shell, Total and Eni, is at loggerheads with the Nigerian
Maritime Administration and Safety Agency over the payment of
A spokesman for NIMASA confirmed that the agency was
preventing the movement of Nigeria LNG
In a statement, the agency said it took action after Nigeria
LNG failed to abide by a settlement the two sides had reached
over the taxes. The company said it has paid NIMASA $20 million
and has taken the dispute to court.
This is the second time this year the agency has prevented
tankers from accessing the company's loading bay on Bonny
Island, near Port Harcourt.
Dow Jones Newswires