Erring oil companies must be penalised for negligence —Lawan

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Ahmad Lawan, has called on the federal government through its relevant agencies to penalise indigenous oil companies responsible for

Lawan made the call following a motion on “the extremely urgent need to stop the continuous crude oil and gas blow out spill at Santa Barbara well 1, OML 29 operated by AITEO Eastern Exploration and Production Company Limited in Opu Nembe, Bayelsa State.”

Biobarakuma said, “Worried that even though same oil well has witnessed several oil spills in previous years, the current incident borders on catastrophe due to a long period of accumulated oil and maximum pressure from piled up gas in the well. The magnitude of this incident is of an extremely high order, the first of its kind in this part of the world;

“Aware that during the just concluded global Climate Conference held in Glasgow, Scotland, world leaders gathered to encourage nations to implement international best practices in cutting off such emissions into the entire ecosystem. The Nigerian Government well represented by our dear President in our contribution to global climate action;

“Notes that such degree of incompetence is sufficient to attract sanctions such as revocation of their operational license by the regulatory authorities to instill sanity in the oil and gas sector in response to the increased global call for protection of the environment;

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines