East Africa’s energy future shines bright – investors are watching
The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.
The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.
The Nigerian National Petroleum Corporation (NNPC) is soliciting expression of interest (EOI) from companies qualified to operate and maintain three state-owned oil refineries.
The Department of Petroleum Resources said on Tuesday that 28 investors, including BUA Refinery & Petrochemicals Limited, have active refining licences.
Kyari said international investors were losing confidence in the nation’s oil and gas industry and tasked the lawmakers to act fast and arrest the situation.