Axian, Rubis, Vivo, Total et al raise the stakes in Madagascar

In a document seen by Jeune Afrique Business+, Groupement pétrolier de Madagascar (GPM), a consortium of oil companies, condemns a government decree which fails to honour an agreement on their profit margins. They threaten to suspend customs clearances.

19/09/2019 at 10h27, by Africa Business+

Tensions are mounting between the Malagasy government and oil companies about prices at the petrol pump. 

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