NNPC Turns to China for Refinery Revival After $2.39bn Rehabilitation Setbacks
Nigeria’s state oil company has moved to revive its long-troubled refining sector by seeking new international partners, following years of costly but underperforming rehabilitation efforts. The Nigerian National Petroleum Company Limited (NNPCL) has signed a memorandum of understanding (MoU) with two Chinese firms—Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. … Continue reading NNPC Turns to China for Refinery Revival After $2.39bn Rehabilitation Setbacks
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