Senate Approves Bill to Retake Ownership of Petrojam Shares
The Senate on Friday (February 22) approved legislation to retake ownership of the 49 per cent shares in Petrojam held by the Venezuelan State-owned oil and natural gas company, Petróleos de Venezuela (PDV) Caribe. The Compulsory Acquisition (Shares in Petrojam Limited) Act, 2019 was piloted by Minister of Foreign Affairs and Foreign Trade, and Leader of Government Business in the...