NNPC Explores Oil and Gas Investment With Chinese Industrial Group
Nigeria's state oil company is seeking partnership options with a Chinese conglomerate to boost crude production and energy infrastructure.
FTMQ Climate, written by our newsroom0 views
Nigerian National Petroleum Company Limited is exploring potential cooperation in crude oil production and gas commercialisation with China North Industries Group Corporation Limited. Nigerian NewsDirect, The Nation Newspaper, and TVC News all report that the national oil company is seeking investment to expand its operations and develop energy infrastructure. [1][2][3]
Discussions took place on Friday between NNPC and a delegation from the Chinese industrial group NORINCO, according to Nigerian NewsDirect. The talks covered potential joint efforts in oil and gas, energy infrastructure, technology, trading, and investment. [1]
Nigerian NewsDirect reported that the visiting delegation was led by Zuxi Huang, who serves as Vice President of China Zhenhua Oil Company Limited. The meeting forms part of NNPC's broader strategy to attract foreign capital and technical partners to Nigeria's energy sector. [1]
In short
- NNPC held talks with a delegation from Chinese group NORINCO on Friday.
- The discussions covered crude oil production, gas commercialisation, and energy infrastructure.
- The visiting delegation was led by Zuxi Huang, Vice President of China Zhenhua Oil Company Limited.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]NNPC mulls Chinese investment in oil production, gas commercialisationNigerian NewsDirect, 9d ago (the report this story comes from)
- [2]NNPC, Chinese firm explore crude oil, gas investmentThe Nation Newspaper, 10d ago
- [3]NNPC, Chinese Firm NORINCO Explore Partnership In Oil Production, Gas, Energy InfrastructureTVC News, 10d ago
Background
- [4]Oil sands on Wikipedia
Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
More in Oil & Gas
- Egypt LNG Costs Double as Domestic Natural Gas Output Declines6h ago
- Crude oil prices drop as Washington and Tehran signal diplomatic talks1d ago
- African institutions launch energy bank to finance oil and gas projects1d ago
- TotalEnergies sells 40 percent stake in Nigerian offshore block to SAPETRO2d ago
- Google faces backlash over proposed Minnesota data center energy and water plans2d ago
- Mazarine Energy agrees to acquire Romania offshore producer Black Sea Oil Gas3d ago
Get the day in one email
Reports like this one, the top news of the last 24 hours, every morning. Free, one email a day; readers can comment under every report.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.
Comments
Loading
Join the conversation
Comments are open to readers of our daily email: the top news of the last 24 hours, every morning, free. Sign up and the comment box opens.
Already on the list? Enter the same address and we will send a sign-in link.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.