The Chief Executive Officer (CEO) of TotalEnergies, Patrick Pouyanne, has explained why the company is investing a whooping sum of $6 billion in energy projects in Angola over Nigeria. Pouyanne, who spoke with panellists of the Africa CEO in Kigali, Rwanda, said the inconsistency in policymaking decisions led to the diversion of the project from Nigeria to Angola, a country with a more stable policy framework. The oil boss stated that although the Niger Delta is the most productive region in West Africa, the erratic policy environment has made investment…
Read MoreWhy We Chose Angola Over Nigeria For $6Bn Project – TotalEnergies
