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NNPC agrees to $2.5bn financing with Chinese lender - Printable Version

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NNPC agrees to $2.5bn financing with Chinese lender - Edoman - 09-18-2019

NNPC agrees to $2.5bn financing with Chinese lender
September 17, 2019 
 




[Image: NNPC.jpg?zoom=2&w=1110&ssl=1]
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says NNPC has agreed to $2.5b financing with a Chinese lender for pipeline in Nigeria.
Kyari also said that the attacks on Saudi Arabia’s crude processing plant and fields could be a big challenge for the oil market if the outage is protracted.

The NNPC boss disclosed this during an exclusive interview on Bloomberg Daybreak: Middle East.