OIL & GAS

Global Oil Tanker Association Calls For Immediate End To Ban

Global Oil Tanker Association Calls For Immediate End To Ban
Oil Vessel

A ban on 113 oil tankers by Nigerian National Petroleum Corporation (NNPC) must be lifted immediately as no grounds have been given for the measure, the global oil tanker industry association said in a letter of protest.

NNPC issued a letter on July 15, citing a directive from President Muhammadu Buhari, which said the vessels, mainly VLCC crude oil tankers, were banned from calling at Nigerian crude oil terminals and also from Nigerian waters with immediate effect.

Industry association INTERTANKO, whose independent members own the majority of the world’s tanker fleet, said in a letter to NNPC, dated July 22, that there were no “evidence or grounds” given for the ban.

“INTERTANKO protests in the strongest possible way that these bans should be lifted with immediate effect until grounds and evidence for the ban have been given to each vessel and vessel owner/operator, and the owner/operator has had an opportunity to respond,” General Counsel Michele White wrote in the letter.

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