UPDATE 1-China's CNPC agrees to pay $400 mln to settle Chad dispute -Chad minister
October 27, 2014 at 15:09 PM EDT
N'DJAMENA, Oct 27 (Reuters) - China National Petroleum Corporation (CNPC) has agreed to pay $400 million in compensation to settle an environmental dispute with Chad, the central Africa country's oil minister said on Monday, a fraction of the $1.2 billion sought by the government.