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Mr Mele Kyari

NNPC to partner China on $2.5bn gas pipeline deal

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Micheal Ajayi Nigerian National Petroleum Corporation (NNPC), through the Group Managing Director (GMD), Mr. Mele Kyari, has said that the corporation is about to reach an agreement in securing a $2.5billion gas pipeline financing with China. Kyari made this known while speaking with the Bloomberg in the World Energy Conference in Abu Dabhi in Saudi […]

Oil market stability: Nigeria restates support for extension of oil production cut

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OPEC

Micheal Ajayi Nigeria has confirmed the validity of his stand on the nine-month extension in the oil production cut under the “Declaration of Cooperation’’ which seeks to improve global oil market stability among OPEC members. This was made known on Monday by the Head of the Nigerian Delegation to the 176th Meeting of OPEC, Dr […]