NLNG emerged the winner alongside Kpler in a nomination group comprising British Petroleum, Chart Industries, Natural Gas Company (DEFA), Qatar Petroleum and Sempra LNG
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By this, the NNPC joins a group of over 65 extractives companies, state-owned enterprises, commodity traders, financial institutions and industry partners who commit to observing the EITI’s supporting company expectations.
Following the sale, the new ownership structure for the block will see Total have 45 per cent, Qatar Petroleum will have 25 per cent, CNR International will have 20 per cent, while Main Street will have 10 per cent.