Sunday, June 28, 2009

Gazprom seals $2.5bn Nigeria deal

The perils of translation/transliteration. From the BBC:

Russia's energy giant Gazprom has signed a $2.5bn (£1.53bn) deal with Nigeria's state operated NNPC, to invest in a new joint venture.

The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria....MORE