Stowvat Investments Limited: Tullow pays $250m to settle Uganda tax dispute out of court

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

Stowvat Investments Limited Makes The Purchase Of Bonny Light Crude Oil Safe

Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

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Saturday, 27 June 2015

Tullow pays $250m to settle Uganda tax dispute out of court

27 June 2015, London – Tullow Oil has agreed to pay $250 million to settle a tax dispute with the Ugandan government out of court, almost half of the sum the east African country had originally demanded in tax relating to a sale of oil licences. Legal proceedings have now been dropped, Tullow said on Monday. Shares […] More »