CORRECTED-Nigeria and Saudi Arabia to draft MoU on oil and gas -Nigeria oil ministry

(Changes to show MoU draft will be ready in first week of May, not by first week of May)

ABUJA, April 26 (Reuters) – Nigeria and Saudi Arabia plan to draft a memorandum of understanding on an oil and gas partnership in the first week of May, Nigeria’s petroleum ministry said on Friday.

In a statement it said the agreement could pave the way for the construction of a new refinery in Nigeria as well as investments in liquefied natural gas. Nigerian Oil Minister Emmanuel Kachikwu held talks with energy officials in Saudi Arabia earlier this week. (Reporting by Camillus Eboh; Writing by Alexis Akwagyiram; editing by David Evans)


Leave a Reply

Skip to toolbar