Economists’ take on leaked gas deal

>A former business partner at Ophir Energy, a leading oil and gas exploration company, has sued the firm for allegedly locking him out of lucrative deals fraudulently.

>Stanbic Bank is set to earn multibillion shillings revenue through training local investors on how to benefit from credit funds connected with a project for development of Liquefied Natural Gas (LNG) worth more than $20 billion (Sh34 trillion).

The $400 billion gas deal Russia signed with China was a symbolic victory for Moscow as it is locked in a dispute with the West over Ukraine, but the scale of the deal is not as massive as it seems at first blush, according to analysts.

Tanzanian fixer and businessman Moto Mabanga is threatening to block the recent $70 billion deal in which Royal Dutch Shell announced it had taken over British Gas.

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Economists wary of BRICS initiatives, transparency snags
IPPmedia
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