what is the figure is that represents "sufficient funds" that need to be accrued before private investors get a return via dividends or other reward. Or perhaps more importantly why this figure is not in the public domain. Why would it bee kept a secret, as it seems to be? It seems very strange that no-one knows this extremely important figure that will undoubtedly affect our investment and surly the uncertainty of it will put off any potential private investor until they know what it is. It may be millions upon millions and take years to pay back before we get any reward for being shareholders.
so have they sold 450 miilion, less 10%, say $400 mill of gas for one euro ?
By Rafiu Ajakaye LAGOS, Nigeria Militants in the Niger Delta attacked three major oil pipelines, they said Tuesday, as they continue to target Nigeria’s oil and gas resources. The Niger Delta Avengers (NDA) said they had blown up the Nembe pipelines operated by Royal Dutch Shell, Agip and Oando in coastal Bayelsa state following a military clampdown in the region. The attacks on the pipelines, which have a combined capacity of 300,000 barrels of oil a day, were the latest blow against oil production, which has more halved since the militant campaign resumed in January. “This is in response to the so-called Operation Sharkbite, an act of terrorism commissioned by the tyranny of the Nigerian Navy establishment and orchestrated by some elements of the ruling political class to continuously undermine any effort to addressing the legitimate demands of the people of the Niger Delta,†NDA spokesman Mudoch Agbinibo said in a statement. The group said the bombing campaign would continue until the government responds to demands from local leaders.
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