Thursday 30 June 2016

KACHIKWU SIGNS $80BN OIL AND GAS INFRASTRUCTURE DEALS IN CHINA

Kachikwu Signs $80bn Oil and Gas Infrastructure Deals in ChinaThe Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has signed Memorandums of Understanding (MoUs) with several Chinese firms for over $80 billion new investments, spanning five years, in the oil and gas industry covering pipelines, refineries, gas and power, facility refurbishments and upstream financing.
 
Speaking exclusively to THISDAY yesterday from Beijing, China, Kachikwu said the agreements had been executed during the three-day roadshow in the Asian country to attract investments to Nigeria’s oil and gas sector.
 

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