Petrobras divestment from Nigeria threatened as Vitol opts out

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Petrobras divestment from Nigeria threatened as Vitol opts out

« on: November 12, 2019, 07:00:51 AM »

Petrobras divestment from Nigeria threatened as Vitol opts out

Plans by Petrobras, Brazil state-owned oil firm to sell 50 percent stake in its Nigerian oil and gas exploration joint venture, JV, with BTG Pactual Exploration and Production for $1.53 billion has hit the rocks as Vitol, one of the principal buyers has opted out of the deal.

Continue reading Petrobras divestment from Nigeria threatened as Vitol opts out at Vanguard News.

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