Shell Petroleum Development Company Limited and Kula and satellite communities in the Oil Mining Licence (OML) 25 areas in Rivers State have reached an agreement for the resumption of operations in the area. ...READ THE FULL STORY FROM SOURCE ↔️
The agreement was reached after a meeting on Friday in Port Harcourt between Shell, the communities, representatives of Rivers State government and regulatory authorities.
Addressing the press after the meeting, the chiefs and leaders of the communities said the resumption of operations was tied to the implementation of an eight-point agreement reached by the parties, in which each of the parties assigned a duty.
Chief Anabs Sara-Igbe, who spoke for the chiefs and leaders, said under the agreement, the community would provide the necessary security to guarantee the operations of Shell while Shell is to provide community development for the communities in the form of employment for youths, provision of amenities such as electricity, roads, health facilities and scholarships for the indigenous students from the communities as well as contract jobs for indigenous contractors.
Chief Sara-Igbe said Shell must be seen to have started implementing its own part of the agreement before the communities would clear the way for it to resume operations.
Operations at the Shell platforms in OML 25 have been shut down for the last seven years following a breakdown in talks between Shell and the host communities on their commitments to community development. The shutdown had tied down the production of 45,000 barrels of crude oil every day.
Sara-Igbe said resumption of operations would therefore benefit the company, the federal and state governments as well as the communities.
He added that if Shell failed to keep its own part of the bargain, the regulatory authorities would have no choice but to revoke their licence in OML 25...… Read -T.he .Full _Article .Here..