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Nilepet clears $120 million debt to Petronas, resolves tariff disputes
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Nilepet clears $120 million debt to Petronas, resolves tariff disputes
The Nile Petroleum Corporation has cleared $120 million in liabilities inherited from Petronas under Dar Petroleum, a move expected to strengthen the company’s finances and stabilize South Sudan’s oil exports. The Managing Director, Engineer Emmanuel Athiei Ayual, reported the development after a visit on March 29, where discussions were held with Sudanese firms Petrolines and
·South Sudan
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