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NIGERIA

Oando lets go of stake in Brass LNG

With only months to go before elections, Nigeria’s president is still hoping against hope to develop Brass LNG. [...] (252 words)

Issue dated 18/11/2014 Reading time 2 minutes

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Energy

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NIGERIA
Brass LNG
Conoco-Philips
ENI
Goodluck Jonathan
Jackson Galus-Obaseki
NNPC
Oando
Total

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Financially challenged, Oando decides to beef up its board

By naming well connected Tanimu Yakubu to its board and restructuring both its finances and operations Oando appears anxious to downplay its debts.

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Oando re-negotiates its hedging contracts

The Nigerian company is continuing to wrestle down its debts following its $1.5 billion purchase of ConocoPhillips’ assets last year.

NIGERIA Energy 17/03/2015

Abuja aims to avoid a financial rout with refining

The Nigerian government intends to pull out of the loss-making refining business and is to sell main units in coming two years.

NIGERIA Energy 02/12/2014

Oando’s stakeholders in quest for $276 million

The shareholders in Nigeria’s Oando have agreed that the company

NIGER Energy 18/11/2014

Oando soars thanks to Conoco

The Nigerian oil company Oando’s acquisition of all of ConocoPhillips’

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Brass LNG now an electoral issue

Although gas projects remain stalled in Nigeria, Goodluck Jonathan is keen on injecting fresh impetus into the Brass LNG scheme in anticipation of presidential elections in 2015.

NIGERIA Energy 29/10/2013

ENI’s gas shortfall

Hit by sabotage, theft and flooding, ENI is having trouble meeting its commitments to supply gas to Nigeria LNG.

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Oando re-jigs Brass acquisition

To help finance its acquisition of ConocoPhillips in Nigeria, Oando has arranged for its parent company to carry its shares in Brass LNG.

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Brass LNG puts brave face on it

Stakeholders in the Brass liquefaction project in Bayelsa state have trouble admitting it but the fate of their project appears deeply compromised.

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Oando acquires ConocoPhillips

To raise the money needed to buy out the assets of ConocoPhillips in Nigeria, Oando is considering selling off some of its operations in the downstream and borrowing from traders.

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Bailout won’t derail Brass LNG

A decision by ConocoPhillips in April to sell its 17% stake in the Brass LNG project won’t have any impact

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NIGERIA
Brass LNG
Conoco-Philips
ENI
Goodluck Jonathan
Jackson Galus-Obaseki
NNPC
Oando
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Oando lets go of stake in Brass LNG

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OMLs 125/134-NNPC: ENI-Oando hanging on Nigerian court

OML 125/134: ENI/Oando holding out for Nigerian court decision over NNPC sentence

Cotrans aiming for top position as oil consultant

Agip and Oando want NNPC to pay $573 million

Financially challenged, Oando decides to beef up its board

Oando re-negotiates its hedging contracts

Abuja aims to avoid a financial rout with refining

Oando’s stakeholders in quest for $276 million

Oando soars thanks to Conoco

Brass LNG now an electoral issue

ENI’s gas shortfall

Oando re-jigs Brass acquisition

Brass LNG puts brave face on it

Oando acquires ConocoPhillips

Bailout won’t derail Brass LNG

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Oando lets go of stake in Brass LNG

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

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Set up email notifications for these topics

OMLs 125/134-NNPC: ENI-Oando hanging on Nigerian court

OML 125/134: ENI/Oando holding out for Nigerian court decision over NNPC sentence

Cotrans aiming for top position as oil consultant

Agip and Oando want NNPC to pay $573 million

Financially challenged, Oando decides to beef up its board

Oando re-negotiates its hedging contracts

Abuja aims to avoid a financial rout with refining

Oando’s stakeholders in quest for $276 million

Oando soars thanks to Conoco

Brass LNG now an electoral issue

ENI’s gas shortfall

Oando re-jigs Brass acquisition

Brass LNG puts brave face on it

Oando acquires ConocoPhillips

Bailout won’t derail Brass LNG

Set up email notifications for these topics

First visit

Contacts

Tools

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Indigo Publications also publishes: