Monday 20 April 2015

PSC CONTRACT DEADLOCK STALLS GAS SUPPLY TO POWER PLANTS

PSC contract deadlock stalls gas supply to power plantsThe nation’s dream of achieving uninterrupted power supply may not materialise, following the alleged dispute between the Federal Government (FG) and international oil companies (IOCs), over the ownership of gas in the deep offshore fields being operated under the Production Sharing Contract (PSC).

Read ore @ Businessdayonline

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