1. Home
  2. Tag "$3 bln debt"

Nigeria amasses $3 bln debt to traders for oil swaps: sources – EQ Mag

BRUSSELS/LONDON : Nigeria has accumulated up to $3 billion in debts to trading houses such as Vitol and oil majors such as BP (BP.L) for fuel supplies and is trailing four to six months behind schedule in repaying them with cargoes of crude, four traders and executives told Reuters. Nigeria will likely take months to […]

SECI Allocates 600 MW Solar Projects at Record-Low Tariff of USD-0.036/kWh – EQ