BPCL seeks shareholder nod for major Mozambique LNG related party deals

BPCL is conducting a postal ballot to obtain shareholder approval for material related party transactions tied to its Area-1 Offshore Mozambique LNG project. The company plans asset and equity transfers worth about USD 1.29 billion and a debt service undertaking, reshaping the financing and ownership structure of its Mozambique LNG investments. Bharat Petroleum has launched… Source

BPCL seeks shareholder nod for major Mozambique LNG related party deals
BPCL is conducting a postal ballot to obtain shareholder approval for material related party transactions tied to its Area-1 Offshore Mozambique LNG project. The company plans asset and equity transfers worth about USD 1.29 billion and a debt service undertaking, reshaping the financing and ownership structure of its Mozambique LNG investments. Bharat Petroleum has launched…

Source