Friday 21 September 2018
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2 months ago

$5.1bn cash call dispute with Nigeria over —IOCs

Okechukwu Nnodim, Abuja  The $5.1bn joint venture cash call argument between the Federal Government and international oil companies operating in Nigeria is over, the IOCs have said. In 2016, the IOCs gave the Nigerian National Petroleum Corporation, which represents the Federal Government in different JV partnerships, a discount of $1.7bn from the $6.8bn cash call [ ]

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