13 February 2019, Sweetcrude, Lagos — The Nigerian National Petroleum Corporation, NNPC, has called on India, to extend their presence to the downstream sector of the Petroleum Industry to leverage on the enormous opportunities there.
Group Managing Director of the Corporation, Dr. Maikanti Baru made the call on the heels of a visit on Tuesday in Abuja of the Indian High Commissioner to Nigeria, Abhay Thakur.
Dr. Baru acknowledged the role of Indian companies in Nigeria, assuring the High Commissioner of NNPC’s commitment to further strengthen the existing relations between both countries in the energy sector.
The GMD noted that with the refineries up for repairs, the corporation would need technical assistance from Indian companies.
Commenting, Thakur, commended Nigeria for its support to India in the area of energy security, stressing that Nigeria had been contributing significantly to India’s energy needs.
He said India was open to further strengthening its collaboration with Nigeria through regular dialogue and exchange of technical know-how.
“Specifically, India is already sourcing almost 10% of its energy requirement from Nigeria and we look forward to further strengthening of this cooperation across various sources of energy, not only oil, but also in gas, solar energy, and other renewable sources”, he said.