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LEKOIL sues Ministry of Petroleum Resources
LEKOIL sues government over its ignorance to grant consent for its investment LEKOIL limited sues the government’s over failure to grant consent for LEKOIL’s investment in Oil Prospecting Lease (OPL). They have also not received consent form the Ministry for acquisition of the additional 22.86% interest in OPL 310. Also the Ministry has not explained why the consent has not been forthcoming. OPL 310 is an offshore license which includes the potentially large Ogo oil…
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