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Tag Archives: India

Kachikwu negotiates $15b advance payment for crude oil deal with India

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, on Monday in India, negotiated a USD 15 billion investment with terms to be agreed, where the Indian Government would make an upfront payment for Crude purchase to Nigeria, to be repaid on the basis of firm Term Crude Contracts over some years and in consideration for Indian public …

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