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Saudi Aramaco to develop oil refinery in Nigeria

Thursday, 02 May 2019
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The government of Saudi Arabia has firmed up plans to develop an independent oil refinery in Nigeria.

Saudi Aramco, the Saudi Arabian Oil Company, is expanding its downstream operations including refining and petrochemicals production and sees Nigeria as a gateway to other African countries.

The government is in the process of setting up a team to make the plans of setting up the oil refinery come to fruition. The government of Nigeria is looking for liquefied natural gas (LNG) investment.

 
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