The company, along with its joint venture partner, is also planning to sell off four more oil blocks — Oil licenses 18, 24, 25 and 29.
This was even as the company, yesterday, shut the Trans Niger Pipeline, TNP, following reports of new leaks, barely 10 days after the line was repaired from crude oil theft incidents, deferring about 150,000 barrels of oil per day.
The company said the latest leaks were reported at B-Dere, Nonwa–Tai, and Bodo West all in Ogoni land, adding that it shut the line as a precautionary measure after receiving reports of the incidents and has also mobilised a spill response team.
It added that a joint investigation visit be conducted as soon as possible to determine the cause and impact of the spills.
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