Nigeria partners with Swedish and local firms to boost oil shipping efficiency and economic growth.

Nigeria's state oil firm, NNPC, is partnering with Swedish tanker company Stena Bulk and Nigerian marine firm Caverton Marine to improve oil and LNG shipping across West Africa. This joint venture aims to enhance Nigeria's oil sector's efficiency and establish the nation as a key player in global energy logistics. While financial details are undisclosed, the partnership is set to launch in 2025, contributing to Nigeria's economic growth and creating jobs.

2 months ago
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