DRC locks horns with Dan Gertler over ‘expired oil permits’
Israeli investor’s companies have not entered into production in two blocks, ministry says
21 June 2021 - 08:24
Kinshasa — The Democratic Republic of the Congo (DRC) said exploration permits from companies controlled by Israeli investor Dan Gertler for two huge oil concessions near the eastern border with Uganda are no longer valid, but the companies said they still hold the rights.
The DRC’s hydrocarbons ministry said in a letter dated June 16 and reviewed by Reuters that the permits granted to two of Gertler’s companies in 2010 for Blocks 1 and 2 near the Ugandan border have expired...
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