Monday, 24 April 2017

$600m Jets’ Deal Raises US Imports of Nigeria’s Crude

Image result for nigerian and the Usa
The importation of Nigeria’s crude by the United States has hit the highest in about four years buoyed by the talks of $600 million fighter jets’ deal between the two countries. The latest data released by the U.S. agency, Energy Information Administra-tion (EIA), showed that Nigeria is now the fourth highest exporter of crude among members of the Organisation of Petroleum Exporting Countries (OPEC) to the U.S.

Washington, the EIA data revealed, imported an average of 332,032 barrels daily, translating to 10.293 million barrels of Nigeria’s crude last January. The last time the country exported close to this figure of crude barrels from Nigeria was June 2013.

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