Shell brought its claim against Africa’s biggest crude producer under the bilateral investment treaty between the governments of the Netherlands and Nigeria, it said.
ROYAL Dutch Shell Plc launched arbitration proceedings against the Nigerian government over a long-running community dispute.
The oil major’s Netherlands-registered holding company and a Nigerian unit filed a case at the World Bank’s International Centre for Settlement of Investment Disputes on Feb. 10, according to the Washington-based organization’s website.
Shell brought its claim against Africa’s biggest crude producer under the bilateral investment treaty between the governments of the Netherlands and Nigeria, it said.
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