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Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. The government has been fighting the illicit refineries for years. The government had little choice but to try and negotiate peace with the militants.

Oil 52
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RARE GEOLOGY GREAT ECONOMICS LOW CAPEX

Oil and Gas Investments

He already has deals with several downstream partners, including a large Canadian division of Glencore, and in the US with GKN Powder Metallurgy, with 16,000 employees and 31 manufacturing plants. The Quebec government WANTS to be a center of influence for the new economy.Logistically, the deposit is near a deep sea port and rail.