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Nilepet clears $120m debt as Gulf Petroleum eyes 30% stake | Collector
Nilepet clears $120m debt as Gulf Petroleum eyes 30% stake
Sudans Post

Nilepet clears $120m debt as Gulf Petroleum eyes 30% stake

JUBA – South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) has cleared $120 million in inherited liabilities and is facing renewed investor interest, with Gulf Petroleum LLC seeking to acquire a 30 per cent stake previously held by Petronas, according to a report presented to President Salva Kiir on Wednesday. The update was delivered by Nilepet […] The post Nilepet clears $120m debt as Gulf Petroleum eyes 30% stake appeared first on Sudans Post .

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