09-18-2019, 09:41 AM
NNPC agrees to $2.5bn financing with Chinese lender
September 17, 2019
![[Image: NNPC.jpg?zoom=2&w=1110&ssl=1]](https://i0.wp.com/www.akelicious.net/wp-content/uploads/2019/09/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.
September 17, 2019
![[Image: NNPC.jpg?zoom=2&w=1110&ssl=1]](https://i0.wp.com/www.akelicious.net/wp-content/uploads/2019/09/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.