Bayo Ojulari disclosed this while addressing a global audience from 150 countries at the opening of the Gastech Exhibition and Conference in Milan, Italy.
“Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission for the sale of NAOC Ltd to Oando Plc,” the oil company said.
Production data obtained from Agip showed that the leak might cut its gas export by five million standard cubic meters per day (MMSCM/d).
Scientific studies have warned that undue exposure to preservatives formalin could be responsible for various types of cancer in both humans and animals.
The fire at the site, which had forced surrounding vegetation to wither, is yet to be put out as at Thursday morning.
Bayelsa residents in Twon Brass have ended their siege on Agip’s Oil Export Terminal.
Residents in the community are protesting against a two-month power outage.
Italy is not in charge of Nigeria’s justice system. The judges in Nigeria must be allowed to hear the cases and to judge them on the basis of Nigerian law.”
