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December 21, 2009

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Home » Business » Energy

Nigeria Sale Report

ROYAL Dutch Shell plans to sell oilfields in Nigeria valued at up to US$5 billion, the Sunday Times said yesterday.

The UK newspaper said China's state-owned Sinopec was among firms who had requested information.

Sinopec was not available for comment while domestic peer CNOOC - reported in September as being in talks with Nigeria to buy large stakes in some of Africa's richest oil blocks - declined to comment.


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