Senegal revokes 71 mining licences over “unfair” gas contract

…as Guyana maintains ‘sanctity of contract’ with ExxonMobil By Davina Bagot (Kaieteur News) – Prime Minister of Sénégal, Ousmane Sonko has revoked 71 mining licenses after declaring a BP gas contract “unfair”, freezing the accounts of a major Indorama subsidiary until it settles approximately 380 million euros ($438 million). Reuters reported that the prime minister vowed […] The post Senegal revokes 71 mining licences over “unfair” gas contract appeared first on Kaieteur News.

Senegal revokes 71 mining licences over “unfair” gas contract

…as Guyana maintains ‘sanctity of contract’ with ExxonMobil By Davina Bagot (Kaieteur News) – Prime Minister of Sénégal, Ousmane Sonko has revoked 71 mining licenses after declaring a BP gas contract “unfair”, freezing the accounts of a major Indorama subsidiary until it settles approximately 380 million euros ($438 million). Reuters reported that the prime minister vowed […]

The post Senegal revokes 71 mining licences over “unfair” gas contract appeared first on Kaieteur News.