Nigeria aims to Supply 10 Per Cent of India’s National Crude Oil Demand

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to continue to supply 10 per cent of India’s crude oil demand in the face of competing demand for the product from other countries.
This commitment was made by the Group Managing Director of the NNPC, Mallam Mele Kyari, during a visit by the Indian High Commissioner to Nigeria, His Excellency, Abhay Thakur, a press release by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, stated.


The GMD stated that Nigeria, through the corporation, would continue to support India’s energy security, adding that the recent Memorandum of Understanding in the area of energy between Nigeria and India would be consummated to further strengthen the bilateral relations between the two countries.
Mallam Kyari stated that NNPC was desirous of growing the energy cooperation with India and that it was time to progress from just talking to walking the talk.


He said India was a very important market and that NNPC would ensure that the current volume of crude oil supply from Nigeria to India is secured for the collective interest of both countries.


“We are ready to have a robust engagement with the Indian trade team to provide a win-win energy scenario between us. Every trade opportunity that is available will be fully explored,” Mallam Kyari posited.

Source / More : Nigerian National Petroleum Corporation (NNPC)

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