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Nigeria's new oil czar wants to open books, turn into fuel exporter

The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019 [Photo, Reuters]

Nigeria’s state oil company plans to partner with a private refinery under construction on the shores of Lagos to turn the oil-producing country into a fuel supplier for the region, the new boss said in an interview with Reuters.

The aim to ink a contract with the Dangote refinery, with a capacity of 650,000 barrels per day (bpd), is part of new Managing Director Mele Kolo Kyari’s blueprint for transforming the Nigerian National Petroleum Corporation (NNPC) into a world-class state oil company. [nL8N24U59E]

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