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

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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.

 

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