LAWYERS representing a British Virgin Islands-based company owed $11 billion by Nigeria over a collapsed gas processing project rejected Nigerian allegations that it bribed senior officials to obtain a lucrative contract. Nigeria is trying to overturn an award to Process & Industrial Developments (P&ID) of billions of dollars in damages that was made by a London arbitration tribunal in 2017. The West African oil and gas-producing nation was found in 2015 to be in breach of a 20-year gas processing contract awarded to P&ID. Two years later, P&ID was awarded $6.6 billion for lost profits, a sum which has since swelled with interest to…