‘Check Your Pocket Before Bidding’- Petroleum Minister Reveals Plans To Revoke Unutilised Oil Blocks

HOUSTON: Nigerian government says it will withdraw unutilised oil blocks as it opens the licensing rounds for 19 blocks in its oil-rich regions.

The Minister of State Petroleum (Oil), Heineken Lokpobiri issued the warning on Tuesday at the announcement of a new bidding round by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

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