Sixteen billion dollar investments sunk into Nigeria’s oil industry by China is under threat as oil demand by the World second biggest economy plunged 20 per cent over Coronavirus lock down.
China’s domestic oil production has been on a steady decline because of natural depletion and other...
The investments are majorly made through China National Offshore Oil Corporation (CNOOC), which began its operations in the country in 2005.
Vice President, CNOOC, Mr. Lu Yan Ji, …
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