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National Oil to unveil strategic investor in Sh5b revamp deal

A member of the public makes a point during a public participation exercise at NOC headquarters as the firm's Chief Executive Leparan Morintat looks on. [Edward Kiplimo, Standard]

National Oil Corporation (NOC) expects an injection of Sh5 billion from a non-equity strategic partner as it enters the final phase of its revitalisation plan.

The plans to revamp the State-run oil marketer got Cabinet approval in August. It completed public participation and stakeholder engagements yesterday.

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