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    Home » Shell commits $10m to HYPREP for Ogoni clean-up

    Shell commits $10m to HYPREP for Ogoni clean-up

    August 7, 2017
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    *Shell.

    Mkpoikana Udoma 07 August 2017, Sweetcrude, Port Harcourt – The Shell Petroleum Development Company of Nigeria, SPDC, has reiterated its commitment to the cleaning of oil impacted sites in Ogoniland, Rivers State.

    To this end, the Dutch multinational says it has made available the sum of $10million as take-off fund for the Hydrocarbon Pollution and Remediation Project, HYPREP, as parts of contributions towards to success of the clean up.
    Speaking, SPDC’s General Manger, Internal Relations, Mr. Igo Weli, said funds for the clean-up will be provided  according to the Joint Venture, JV, budgeting process with the federal government represented by NNPC providing 55percent, Shell 30percent, Total E&P 10percent and Eni’s Agip 5percent.
    Weli, explained that the actual clean up process has not started not because of lack of funds, but HYPREP is expected to roll out plans for the clean up while the SPDC JV provide the funds.
    He stated that SPDC was committed to support HYPREP achieve a successful clean-up, adding that the time and date for the actual commencement of the clean up would be determined by HYPREP.
    “SPDC JV commits to support HYPREP and the HYPREP Project Coordinator, Dr. Marvin Barinen Dekil, in the clean-up process.
    “SPDC JV has made available the $10million take-off fund for HYPREP as part of its contribution towards funding it’s share of the Ogoni Restoration Fund, ORF.
    “SPDC JV remains fully committed to continue supporting and contribution its share to the ORF within the appropriate framework and governance structures.
    “We encourage all relevant stakeholders to also remain committed to contributing their to the ORF,” Weli said.

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