BBC NEWS | Gazprom seals $2.5bn Nigeria deal — Even the BBC doesn’t notice that the name of this company is a bit dubious!
Russia’s energy giant Gazprom has signed a $2.5bn £1.53bn deal with Nigeria’s state operated NNPC, to invest in a new joint venture.
The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria.
Analysts say the move could further strengthen Russia’s role in supplying natural gas to Europe.
The agreement comes during a four-day African tour by Russian President Dmitry Medvedev.
As well as forming Nigaz, Russia is keen on developing a trans-African pipeline to transport Nigerian gas to Europe.
This could further reinforce Gazprom’s already-strong influence over Europe’s energy supplies.
Found by John Ligums.
18, 20,
One word: Killjoy.
Have a nice day.
Has Obama issued a statement yet?
# 22 brendal said, “Has Obama issued a statement yet?”
Yes, “Put more air in your car tires.” …
Benjizzmin, analdedoma – kill yourselves.
You don’t say?
Gazprom Nigeria venture, Nigaz, stirs racism debate:
http://af.reuters.com/article/investingNews/idAFJOE5600C020090701
Favorite/most disturbing quote:
“White people are making too much of this. As long as the Russians pay us, they can call it what they like,” said one Nigerian in the commercial hub, Lagos, asking not to be named.