Nigeria: Global Witness Comment in Relation to Nigerian OPL-245 Oil Deal

[Global Witness]There have been important developments relating to the US$1.1 billion deal for Nigeria’s prolific oil block, OPL-245. The deal for the block involved the ex-Nigerian Oil Minister, Dan Etete, a disgruntled middleman, the Nigerian Government and subsidiaries of two of the world’s largest oil companies – Shell and Eni – who paid US$1.1 billion to purchase the block in 2011.

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