Saudi Arabia to build refinery in Nigeria – Daily Trust

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HomeNewsSaudi Arabia to build refinery in Nigeria ADVERTISEMENT Saudi Arabia has hinted on the possibility of establishing a refinery in Nigeria. Minister of Energy Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al Falih dropped the hint during a meeting with Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu in Riyadh. Kachikwu who affirmed the Saudi oil minister’s position said Nigeria was looking towards Saudi Arabia because of the country’s successes in the sector. “We want to leverage on the huge success of Saudi government in terms of petroleum. Last year alone Saudi Aramco, an equivalent of NNPC made about $200 billion as profit. “We have a lot of common ground, historical ties, and religious ties and there’s a need to move further. We cooperate a lot with one another in OPEC especially in the Ministry of Energy,” Kachikwu said. He said Nigeria is already setting up a team to make the reasons for the visit a reality. A statement from Nigeria’s oil ministry, Kachikwu had on Tuesday met with top executives of Saudi Aramco in Dhahran to crystallize ongoing discussions on collaborating with the Federal Government of Nigeria on investments in the oil and gas sector. The minister was received by the President and Chief Executive Officer of Saudi Aramco, Amin H. Nasser and the top management of the conglomerate. Download Daily Trust News App Share this article BREAKTHROUGH NATURAL CURE FOR PROSTATE ISSUES IN JUST 15 DAYS!!! You Can Prevent PROSTATE CANCER!!! Your PROSTATE ENLARGEMENT Is REVERSIBLE!!! Don’t Let It Threaten You! To SHRINK And NORMALIZE Your PROSTATE Within 15 Days Without Surgery Or Chemical Drugs, Click Here!!! Join us on Follow @daily_trustShare your story with us: 08189301900 (Whatsapp and SMS only) Email: dtonline@dailytrust.com Complain about a story or Report an error and/or correction: +2348189301900 DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.
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