--The government of Nigeria is seeking up to $20 billion it says is owed to local states by foreign oil and gas companies, Reuters reports Thursday, citing "industry and government sources."

--The African nation's National Petroleum Corp. notified companies with letters sent by the government's debt-collection division, the report said.

--Several companies, including Royal Dutch Shell (RDSA), Chevron (CVX) and Total (TOT) are being asked to pay sums between $2.5 billion and $5 billion, the report said. Shell, Chevron, Total, National Petroleum Corp. and Nigeria's presidency all declined to comment, Reuters said.

 

Full story: https://www.reuters.com/article/us-nigeria-oil-debt-exclusive/exclusive-nigeria-hits-oil-majors-with-billions-in-back-taxes-idUSKCN1QA1EK

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

February 21, 2019 12:23 ET (17:23 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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