NIGERIA SIGNS MoU TO START THE IMPORTATION OF FUEL FROM NIGER REPUBLIC
{…Niger Republic Has An Installed Refining Capacity Of 20,000 Barrels Per Day, Compared To The Nation’s 5,000bpd Domestic Requirement}
AJM NEWS
The Federal Government of Nigeria has signed a Memorandum of Understanding to start importing fuel from the neighboring Niger Republic.
In a statement in Abuja, Group General Manager/Special Adviser on Media to the Minister of State for Petroleum Resources, Garba Deen Muhammad, said the MoU was reached following bilateral agreements between President Muhammadu Buhari and President Mahamadou Issoufou of Niger.
According to a statement, Soraz Refinery in Zinder, Niger Republic, has an installed refining capacity of 20,000 barrels per day compared to the nation’s 5,000bpd domestic requirement.
This leaves a surplus of 15,000 barrels per day.
Mele Kyari, Group Managing Director of the Nigerian National Petroleum Corporation, signed the MoU on behalf of Nigeria while Alio Toune, Director-General of Niger Republic’s National Oil Company, Societe Nigerienne De Petrole, signed on behalf of his country.
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