1.
Teen solves centuries-old math problem
NEW DELHI, Jan. 27 (UPI) -- India is looking to invest $350 million to develop oil blocks and expand gas relations with Nigeria, the Indian energy minister said in New Delhi.
Indian Minister of Petroleum and Natural Gas Murli Deora made his statements following his return from Abuja to meet with his Nigeria counterpart Henry Odein Ajumogobia, India's newspaper The Hindu reports.
"India will invest $350 million in developing two oil blocks in the West African nation, besides increasing its engagement in the gas sector as well," he said.
Indian oil purchases from Nigeria represent more than 20 percent of the total yearly output from the country, Africa's largest energy producer.
Gas Authority of India Ltd., Deora said, is interested in building petrochemical plants and gas transportation pipelines in Nigeria. Natural gas, he said, is underexplored in the country.
GAIL is included in a list of 15 companies qualified for a $30 billion development plan for natural gas projects in Nigeria.
Indian oil companies, he added, have offered to assist Nigeria in improving its refinery capacity.
Exploiting the natural resources in Nigeria is complicated by militant activity in the oil-rich Niger Delta region.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
WASHINGTON, May 25 (UPI) --
The U.S. State Department announced it has listed Lebanese militant group Abdullah Azzam Brigades as a foreign terrorist organization.
|
STENNIS, Miss., May 25 (UPI) --
The core structure for a U.S. Air Force SBIRS geosynchronous satellite has been delivered to Lockheed Martin's Space & Technology Center.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
The photos are familiar, but the captions are not, as economic tension skips across the continent of Europe.
|
| Stories | Photos | People | Comments |
View Caption
