Nigeria lifts embargo on 113 crude oil vessels

Lagos, Sep 11 (IANS) Nigeria’s state run oil giant on Thursday said it has lifted embargo placed on 113 vessels from loading crude and gas in any of its terminals within the country’s territorial Nigeriawaters.

Spokesperson for the Nigerian National Petroleum Corporation (NNPC) Ohi Alegbe said in a statement made available to Xinhua the lifting of the embargo was subject to the receipt of “Letters of Comfort” from all terminal operators, oil companies and off-takers in Nigerian oil and gas sector.

He added that the lifting was subject to the outcome of detailed investigation into the reasons why they were embargoed.

Alegbe said in view of the above, the Nigerian government has approved the establishment of an Inter-Agency Committee to investigate the vessels.

He added that the Inter-Agency Committee will appraise the culpability or otherwise of each of the vessels in the time past and advise appropriately.

The vessels were banned recently after they were found to have engage in alleged shady deal in the lifting of crude within the terminals.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here