Global Witness comment in relation to Nigerian OPL-245 oil deal
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.