NNPC to raise Chevron-operated GTL plant stake to 60%

MOSCOW (MRC) -- Nigeria's state oil company saidВ inВ late DecemberВ it will increase its stake in a Chevron-operated gas-to-liquid refinery to 60% as part of a cost dispute resolution with the US oil major, reported Reuters.The Nigerian National Petroleum Corporation (NNPC) has a 20%stake in the plant some 60 miles (100 km) southeast of Lagos.California-based Chevron, which is trying to

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