LONDON, Nov 12 (Reuters) - A lawsuit launched by the
Nigerian government against U.S. bank JP Morgan Chase, claiming
over $1.7 billion for its role in a disputed 2011 oilfield
deal, will proceed to trial, London's high court ruled on
Thursday.
The suit filed in the English courts in 2017 relates to the
purchase of the offshore OPL 245 oilfield in Nigeria by oil
majors Royal Dutch Shell RDsa.L and Eni ENI.MI in 2011,
which is the subject of an ongoing trial in Milan.
The six-week London trial will start after Nov. 1 next year.