Nigeria’s Oando buys Brass LNG stake

摘要

Nigerian energy firm Oando has bought US upstream independent ConocoPhillips’ 17pc stake in the 10mn t/yr Brass LNG project in Nigeria for around $105mn. A final investment decision is yet to be made on the project. Nigeria’s state-owned NNPC owns 49pc in Brass LNG, while Total and Italy’s Eni hold 17pc each