Addax may lose rights.
"The government has criticised Addax for the non-payment of customs duties since 2009 and non-compliance with the Gabon's hydrocarbons and environment code," a senior official of Gabon's oil ministry told Reuters.
Addax has denied the charges.
Last year, Gabon seized Addax Petroleum's 8,500 barrels-per-day Obangue field. In January, the country handed the operations to newly created state-owned Gabon Oil Co. Last month, Gabon Oil Minister Etienne Ngoubou warned during a petroleum congress in the country that: "If Addax does not want to comply with the regulations in force, it will be asked to leave Gabon."
An official from the company told Reuters the decision to seize Addax's assets was unjust and is being contested. "We have met all our commitments so far," the official said, requesting not to be identified.
"In creating Gabon Oil Co, the state did not have any assets of its own, so it decided to make us the scapegoat by taking our assets and giving it to the new company," he said.
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