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DEBT CRISIS! Benny Peters plans to sell Shell OML29 to offset GTBank huge loan

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DEBT CRISIS! Benny Peters plans to sell Shell OML29 to offset GTBank huge loan
November 4, 2017

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The trading firm, facing high financial exposure, is rallying round to quickly find partners on its OML 29. Nigerian oil firm Aiteo’s 2014 purchase of Shell/Total and ENI’s 45% stake in the prolific OML 29 for $2.58 billion has been a heavy burden to bear The Captal NG reported.

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