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FG releases $400m to settle JV cash call debts owed IOCs

The Federal Government said it had released $400m to settle outstanding Joint Venture cash call debts owed International Oil Companies. Minister of State for Petroleum Resources, Dr Ibe Kachikwu, made this known in Houston, U.S. on Tuesday while speaking to reporters on the sidelines of ongoing 2017 Offshore Technology Conference. Kachikwu said that the money […]
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Added May 02, 2017
from The Punch News