So Northern Leaders Hold Over 80percent of Oil Blocks in Nigeria
Posted on Thursday 7 March 2013
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“There should be equity and federal character in the allocation of oil blocks in this country. Eighty-three percent (83%) of all present oil blocks are held by northerners.
“These need to be looked into, revoked and re-awarded. The Federal Character which is a principle applicable in every aspect of our national existence should also be brought to bear in the application of our oil blocks, marginal fields and prospecting licences.”
Senator Enang, representing Akwa Ibom North-East, and other Senators from the South therefore demanded a review of oil block licences in the country.
Senator Enang’s disclosures came a day after the debate on the Petroleum Industry Bill had split the senators along North-South lines. The senators held a rowdy session as those from the north stoutly opposed the provision of 10 per cent Host Community Fund in the Bill.
The provision of the Bill requires operating companies in the Niger Delta to pay 10 percent of their net profits to the fund for the development of the host communities.
Below is a summary of Oil Blocks in Nigeria and their owners:
Cavendish Petroleum, the operators of OML 110, awarded to Alhaji Mai Deribe of Borno State (North East), which makes an average of about N4bn monthly.
Seplat/Platform Petroleum, operators of the ASUOKPU/UMUTU marginal field has Prince Sanusi Lamido as a major shareholder and Director.
South Atlantic Petroleum Limited (SAPETRO), established by Gen. Theophilus Yakubu Danjuma, who is also the Chairman of ENI Nigeria Limited. SAPETRO partnered with Total Upstream Nigeria Limited (TUPNI) and Bras Oil Services Company Nigeria Limited to become operators of the OPL 246.
AMNI International Petroleum and Development Company is owned by Alhaji (Colonel) Sani Bello of Kotangora, Niger State. They are operators of OML 112 and OML 117.
A former Petroleum minister and former OPEC chairman, Rilwanu Lukman, another northerner, manages AMNI oil blocks and with very key interests in the NNPC/Vitol trading deal.
Oriental Energy Resources Limited, a company owned by Alhaji Indimi, runs three oil blocks: OML 15, the Okwok field and the Ebok field.
Alhaji Aminu Dantata’s Express Petroleum and Gas Limited operates OML 108.
OML 113 allocated to Yinka Folawiyo Petroleum Limited is owned by Alhaji. W.I. Folawiyo.
OPL 291 was awarded to Starcrest Energy Nigeria Limited, owned by Emeka Offor, which was sold by Starcrest to Addax Petroleum. Emeka Offor still has a stake in Addax operations in Nigeria.
Mike Adenuga’s Conoil is the oldest indigenous oil exploration firm in Nigeria with six oil blocks.
Alhaji Saleh Mohammed Gambo’s North East Petroleum Limited is the holder of the OPL 215 licence. NOREASTER Petroleum was awarded blocks OPL 276 and OPL 283 and closing thereupon a Joint Venture Agreement with Centrica Resources Nigeria Limited and CCC Oil and Gas.
INTEL is owned by Atiku Abubakar, Yar’Adua and Ado Bayero and has substantial stakes in Nigeria’s oil exploration industry, both in Nigeria and Sao Tome and Principe.
Senator Enang insisted that the proposed 10% to host community is just the first step in fighting the ongoing injustice in Nigeria in favour of the North.
