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Published 1 year ago

Chad says it has nationalized all assets owned by Exxon Mobil

Summary by Ground News
Exxon Mobil said in December 2022 that it had closed the sale of its operations in Chad and Cameroon to London-listed Savannah Energy in a $407m deal. The Chadian government contested the agreement, saying the final terms were different from what had been presented to it. Savannah said it plans to pursue all its legal rights to contest Chad's move.

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