BPCL seeks shareholder nod for major Mozambique LNG related party deals
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…
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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…
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