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Shell’s planned asset sale in Nigeria may take up to a year: CFO

Screen Shot 2014-02-10 at 16.29.29Extracts from a Reuters article by Simon Falush published 30 April 2014

LONDON (Reuters) – Oil major Shell may take up to a year to complete a planned sale of assets in Nigeria, and the process may be complicated by an election, the oil major’s chief financial officer said. Shell is looking to make $15 billion in disposals worldwide this year and next, including the sale of its stake in four oil blocks in the Niger Delta…


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