A Royal Dutch Shell-led consortium is close to selling several Nigerian oilfields for about $5bn to domestic buyers, as foreign companies retreat from sub-Saharan Africa’s oldest oil industry. The price tag for the four oilfields and a key pipeline

Source: www.ft.com

Quitting on easy oil means there is uneasiness underlying the sale.

See on Scoop.it – Oil and Gas Development in Lebanon and East Mediterranean


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