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Showing posts from September 6, 2020

The Reason Why P&ID is in Arbitration Courts with Nigeria

INTRO: It is no longer news, the legal battle between the Process and Industrial Development (P&ID) Limited, and Nigeria. The case is rooted in the 2010 20-year long agreement between the Federal Government of Nigeria and the P&ID in which the latter (a UK firm) agreed to process natural gas in Cross River State for Nigeria’s electric power supply free of charge while the company would be allowed to sell the by-products (propane, butane, ethane) from the gas processing for profits. Nigeria on their side agreed to provide the necessary pipelining and supply of the natural gas to the processing company. The two parties are now in courts in the UK and USA.