Nigeria to sell 10% of own oil exports to India - NNPC - Premium Times Nigeria

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 78%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Nigeria to sell 10% of own oil exports to India — NNPC

The Nigerian National Petroleum Corporation says it will supply 10 per cent of its crude oil export to India to help resolve a growing energy crisis in the country.

The NNPC spokesperson, Ndu Ughamadu, said in a statement on Thursday that Mr Kyari stated this during the visit by the Indian High Commissioner to Nigeria, Abhay Thakur, to the NNPC headquarters in Abuja. He said India was a very important market in the world, as such the NNPC will ensure the current volume of crude oil supply from Nigeria to India is secured for the collective interest of both countries.

He expressed NNPC’s willingness to aggressively develop and improve LPG infrastructure and consumption in the country.In his remarks, the High Commissioner thanked the NNPC’s management for the recent renewal of the crude oil lifting term contracts for three Indian companies that participated in the bid exercise.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines