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Nigeria’s TotalEnergies deal marks shift to gas development

Reuters10mo agoen
Read on cnbcafrica.com

From the article

LAGOS, Sept 3 (Reuters) – Nigeria’s production-sharing contract with TotalEnergies, its first guided by a new law designed to boost the OPEC member’s gas production, will serve as a template for future deals, the oil regulator told Reuters on Wednesday. The country’s Petroleum Industry Act adopted in 2021 recognised the distinct economics of oil and gas exploration and production […]
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