Gabon Oil Minister: Government to Reclaim Assets From Sinopec Unit, Two Undisclosed Companies -FT
June 05 2013 - 2:50PM
Dow Jones News
Gabon's oil minister, Etienne Ngoubou, said that in 2015, the
government will reclaim the main onshore site of Sinopec Corp. unit
Addax Petroleum, the Financial Times reported Wednesday.
Mr. Ngoubou said two other undisclosed oil companies will also
be subject to "a partial reclamation of assets," the FT reported.
The report said the targeted companies do not include Total Gabon
and Shell Gabon.
According to the FT report, Addax has taken legal action.
Website: www.ft.com
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