Nigeria: China Replaces United States As Nigeria's Crude Oil Importer

14 August 2012

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, has said China had become the alternative market for Nigeria's crude oil, following dwindling imports by the United States, which was the major buyer of Nigeria's crude oil.

Speaking at the sidelines of a recent oil and gas conference in Lagos, Yakubu stated that China was a very good market for any shortfall in the United States' imports.

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