Middle East Economic Survey

VOL. XLVII

No 36

6-September-2004

OPEC

Shell Rejects Compensation Order From Nigerias Senate

Shell on 1 September rejected an order from Nigerias Senate to pay $1.5bn in compensation for damage caused in the Niger Delta over a period of 60 years. Earlier the Senate had passed a resolution saying the money should be paid to the Ijaw ethnic group for the severe health hazards, economic hardship, injurious affection, avoidable deaths and sundry maladies resulting from oil...