Vanoil Announces Settlement Accord with the Government Of Rwanda

Source: www.gulfoilandgas.com 1/22/2014, Location: Africa

The Government of Rwanda and Vanoil have agreed to end their discussions regarding the exploration of Lake Kivu in Rwanda following expiry of the Technical Evaluation Agreement ("TEA") between them in June 2013. As part of this agreement, the Government of Rwanda and Vanoil have amicably resolved the issues referred to in the Conciliation Committee under the TEA.

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