Thursday, 30 October 2014

NNPC, PARTNERS TAKE OVER CONOCOPHILLIPS’ SHARES IN BRASS LNG

The Nigerian National Petroleum Corporation (NNPC) and its partners, Total and Eni, have agreed to take over the shares that were left behind by American energy corporation, ConocoPhillips (COP), which recently left the multibillion dollar Brass Liquefied Natural Gas (LNG) project.

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Chairman of Brass LNG, Dr. Jackson Gaius-Obaseki said on Wednesday in Abuja that NNPC, Total and Eni have now agreed to take up the 17 per cent shares that COP left behind at its exit from the project.

Read more @ Thisday Live

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