Nigeria could sign off on Exxon oil asset sale to Seplat within weeks - NUPRC
02/05/2024 13:24
LONDON, May 2 (Reuters) - The sale of ExxonMobil's
Nigerian petroleum assets to Seplat could be approved in less
than two weeks, Nigeria's oil regulator told Reuters on
Thursday.
The closely watched sale in Africa's largest oil exporter
has been awaiting regulator approval since 2022.
Gbenga Komolafe, commission chief executive of NUPRC, told
Reuters the parties involved would be invited to a meeting on
Friday: "Subject to the outcome of the meeting, consent...could
be given in less than two weeks from the date of the meeting."
(Reporting by Camillus Eboh and Isaac Annyaogu
Writing by Libby George
Editing by Peter Graff)
((Libby.George@thomsonreuters.com; +44 07527 061331; Reuters
Messaging: libby.george@thomsonreuters.com))