Gabon government to reclaim assets from Sinopec unit, two undisclosed companies

6/6/2013

Gabon government to reclaim assets from Sinopec unit, two undisclosed companies

GABON -- Gabon's oil minister, Etienne Ngoubou, said that in 2015, the government will reclaim the main onshore site of Sinopec unit Addax Petroleum, The Financial Times reported.

Mr. Ngoubou said two other undisclosed oil companies will also be subject to "a partial reclamation of assets" The Financial Times reported. The report said the targeted companies do not include Total Gabon and Shell Gabon.

Dow Jones Newswires

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