Nigerian regulator links Exxon to illegal lifting of petroleum from terminal
10/6/2023 6:28
Nigeria's downstream oil regulator has alleged ExxonMobil Corp was involved in the illegal lifting of petroleum products from an offshore terminal, according to a letter of complaint to the petroleum ministry seen by Reuters.
Exxon denied the accusation, saying in an emailed response that its "operations are carried out in full compliance with the law".
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said in the letter that Barumk Gas, a shipping vessel, was lifting butane from the ExxonMobil-controlled Bonny River Terminal without its "authorization or participation".
According to the law, the regulator is the only one allowed to have a key to the oil valve and companies need to be accompanied by a member of the regulatory staff to tap the oil.
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