Higher oil prices and portfolio flows have helped strengthen fiscal and external buffers in Nigeria, stated the International Monetary Fund (IMF) staff team led by Amine Mati, senior resident representative and mission chief for Nigeria, after concluding the visit from 27 June- 9 July 2018
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NNPC and stakeholders sign NLNG train 7 FEED contract
The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni have signed the front end engineering design (FEED) contract of Train 7 of the Nigeria Liquefied Natural Gas Ltd (NLNG)
‘OPEC producers crucial to world’s crude supply through to 2040’
OPEC maintaining its role as a major oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030, said global natural resources consultancy firm Wood Mackenzie
‘China and Indonesia to lead global oil storage capacity growth’
China and Indonesia will be the major contributors for the growth of the global oil storage industry, as they are set to add the most planned storage capacity among all countries from 2018–2022, according to GlobalData, a leading data and analytics firm
Almansoori delivers facilities for Kenya’s first oil wells
Abu Dhabi-based AlMansoori Specialised Engineering has announced to deliver facilities for the Early Oil Pilot Scheme (EOPS) launch in Kenya
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