Chad nationalizes assets by oil giant Exxon, says government

TL;DR

DAKAR, Senegal (AP) — Chad is nationalizing all assets from multinational oil giant Exxon Mobil, including its hydrocarbon and exploration permits, said the government. The government’s decision came after a long dispute between Exxon and Chad, which rejected the sale of the company’s operations last year. Opposition political parties at the time called the handover a coup d’etat, but later agreed to accept Deby as interim leader for 18 months

Like summarized versions? Support us on Patreon!