The Nigerian National Petroleum Corporation (NNPC) said it had lifted embargo placed on 113 vessels from lifting crude and gas in any of its terminals within Nigerian territorial waters.
This was contained in a statement signed by Mr Ohi Alegbe, Group General Manager, Public Affairs of the NNPC, on Thursday, in Lagos State.
According to the statement, the lifting of the embargo was subject to the receipt of ‘Letters of Comfort’ from all terminal operators, oil companies and off-takers in Nigeria’s oil and gas sector.
It said the lifting was subject to the outcome of detailed investigation into the reasons why they were embargoed.
The corporation noted that in view of the above, the Federal Government had approved the establishment of an Inter-Agency Committee to investigate the vessels.
The committee is made up of the Department of State Services (DSS), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Navy, Department of Petroleum Resources (DPR) and the NNPC.
“The Inter-Agency Committee will appraise the culpability or otherwise of each of the vessels in the time past and advise appropriately,” the NNPC stated.
The vessels were banned recently after they were found to have engaged in alleged shady deal in the lifting of crude within the terminals.
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