The Federal Government of Nigeria and the Republic of Niger have on Thursday signed a Memorandum of Understanding, MoU for petroleum products transportation and storage.

Following bilateral agreements between Nigeria’s President Muhammadu Buhari and President Mahamadou Issoufou, talks have been on-going between two countries for over four months – through the Nigerian National Petroleum Corporation and Niger Republic’s National Oil Company, Societe Nigerienne De Petrole, SONIDEP on petroleum products transportation and storage.

A release by the GGM/SA Media to the Minister of State for Petroleum Resources, Garba Deen Muhammad, stated that the MoU was signed by the GMD NNPC, Mallam Mele Kyari and the Director General of SONIDEP, Mr. Alio Toune under the supervision of the two countries’ Ministers of State for Petroleum, Çhief Timipre Sylva and Mr. Foumakoye Gado, respectively with the Secretary General of the African Petroleum Producers Organisation (APPO), Dr. Omar Farouk Ibrahim in attendance.

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Source: SweetCrudeReports