Russia’s Lukoil Plans Fresh Investment In Nigeria

The deal was struck when Prof. Abdullahi Shehu, Nigerian Ambassador to the Russian Federation met with Mr. Ivan Romanovsky, the vice president of the Lukoll Group in charge of West Africa, Europe, and America, in Moscow, on Thursday 19th August 2021.

The vice president of Lukoil informed of the company’s Financial capacity to expand its operations in new areas of investment through partnership with indigenous companies. Under this agreement, the business interests/partnership include funding of the Warri Refinery and Petrochemical Company Rehabilitation project, as well as expansion of Lukoil’s Gas/Power interests in Nigeria. Accordingly, a technical team of Lukoil, arrived in Nigeria in July 2021 to execute this agreement.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How NNPC’s NAPIMS Contributed To Nigeria’s Losses In $75bn Foreign Direct Investment* NAPIMS stalls deep offshore projects, despite Buhari’s signing of PSC Act * Appoints contractor that sued NNPC for over $31m as agent to lease Ikoyi
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Russia’s Top Oil Company Seeks To Expand Operations In Nigeria | Sahara ReportersIvan Ramanovsky, the company’s Vice President in charge of West Africa, Europe and America disclosed this during a visit of the Nigerian Ambassador to the Russian Federation, Professor Abdullahi Shehu, on Thursday. They just keep selling everything to anyone Hope they’re not selling oil in exchange for chicken change. Better negotiate on equal terms!
Source: SaharaReporters - 🏆 9. / 63 Read more »